Newfront’s Spike Lipkin: AI is the first technology to touch “advisory side” of insuranceAI is the first technology to influence the “advisory side” of insurance rather than just streamlining a process, and that the insurtech’s use of technology “really shines” in RFPs, Newfront CEO Spike Lipkin believes.
Tort reform is lacking, legal system abuse is pervasive as is third-party litigation funding. Because of this, umbrella and excess coverage is experiencing a frequency of severityWTW discusses the two-tiered US casualty market
ICEYE’s Lathrope: Satellite imaging “revolutionising” industry response amid devastating 2023 wildfires
Crawford’s Van Bakel: Weather-related insured claims topping $100bn “the new norm” TVLast year was an “unprecedented year” in which nearly the entire North American continent was “blanketed with smoke from wildfire”, Crawford & Company’s president of loss adjusting for North America Pat Van Bakel has told The Insurer TV.