Best's Review

AM BEST'S MONTHLY INSURANCE MAGAZINE



Technology


Spotlight: Cyberrisk

Cyber Panel Warns of Longer-Tail Business Interruption Risks Claims

New risks are shaping the future of the cyber insurance market, according to a panel gathered by AM Best TV at the recent WSIA Annual Marketplace in San Diego.

Date: January 2025


Spotlight: Artificial Intelligence

AM Best: This Time, It’s Different for AI in Insurance in Tech Upswing

Technology undergoes various hype and adoption cycles. The sophistication of AI combined with growing computer power is expected to be more transformative as AI technology becomes cheaper to use, particularly for less complex business lines, AM Best Director Edin Imsirovic says.

Date: January 2025


Pushing Back the Risk Frontier

Why Insurers Believe Incubating Technology Helps Them Succeed

AM Best TV interviewed Arun Balakrishnan, chairman and CEO at Xceedance, and addressed how companies are incubating technology to help develop cutting-edge practices in the insurance industry.

Date: December 2024


Web Traffic

Web Traffic: Visits to Largest US Inland Marine Insurance Sites

Progressive leads web analytics provider Semrush’s ranking of most-visited U.S.inland marine writer websites.

Date: December 2024


Artificial Intelligence

Leading AI Platforms Explore the Risks of Distributing Via Managing General Agents

Best’s Review posed a question to artificial intelligence models about the risks for insurers that distribute through MGAs.

Date: December 2024


Preferred Podcasters

The Reinsurance Podcast Tackles Ceding, Brokers and Underwriting

Ben Rose and Jerad Leigh, co-founders of tool-kit provider Supercede and hosts of The Reinsurance Podcast, say the platform gives them the freedom to discuss the most interesting aspects of reinsurance with industry guests.

Date: December 2024


Pushing Back the Risk Frontier

Pushing Back the Risk Frontier: How Insurers Are Co-Opting the Insurtech Playbook

Insurance and data experts spoke with AM Best TV about how evolving technology is playing an increasingly integral role in the industry.

Date: November 2024


Preferred Podcasters

Podcast Explores Insurance Asset Management Trends and Challenges

Stewart Foley, host of the InsuranceAUM.com Podcast, provides listeners with perspectives and practical advice in insurance asset management.

Date: November 2024


Pushing Back the Risk Frontier

New Models for Managing Successful Insurance Tech Evolution

AM Best TV hosted a panel discussion about evolving technology that’s proven to be innovative, revolutionary and successful in the industry.

Date: November 2024


Artificial Intelligence

Leading AI Platforms Focus on Benefits of Reciprocal Insurance Exchanges

Best’s Review’s queries of artificial intelligence models reveal financial and service benefits of reciprocals.

Date: November 2024


Pushing Back the Risk Frontier

How Insurers Are Launching Their Own Evolutionary Tech

AM Best TV hosted a panel discussion about insurers developing strategies and confronting challenges while launching evolving technology in the industry.

Date: November 2024


Pushing Back the Risk Frontier

How Insurers Are Incubating Their Own Technology

AM Best TV hosted a panel discussion about the development of cutting-edge technologies and their integration into the insurance industry.

Date: November 2024


Web Traffic

Web Traffic: Visits to Largest US Private Passenger Auto Insurance Sites

Progressive leads web analytics provider Semrush’s ranking of most-visited private passenger auto insurer websites.

Date: October 2024


Artificial Intelligence

Leading AI Platforms Focus on Auto Insurers, Customer Satisfaction

Best’s Review asked leading artificial intelligence models how auto insurers can improve customer satisfaction.

Date: October 2024


Web Traffic

Web Traffic: Visits to Largest P/C Mutual Insurance Sites

State Farm Group leads web analytics provider Semrush’s ranking of most-visited property/casualty mutual insurer websites.

Date: September 2024


Web Traffic

Web Traffic: Visits to Largest Cyber Insurers’ Sites

Liberty Mutual Insurance Cos. leads web analytics provider Semrush’s ranking of most-visited cyber insurer websites.

Date: August 2024


AM Best’s Media Program — Podcaster

Podcast Goes ‘Behind the Headlines’ To Explore All Things Insurance

Sam Casey, an Insurance Insider senior reporter, aims to offer a deep dive into the London market, reinsurance and other topics in his wide-ranging show.

Date: August 2024


Web Traffic

Web Traffic: Visits to Largest Global Insurance Brokers' Sites

Aon plc leads web analytics provider Semrush’s ranking of most-visited global insurance brokers’ sites.

Date: July 2024


Insurance Media

Podcast Touts Importance of Relationships in the Insurance Industry

Pete Tessier and Curt Wyatt, hosts of The Insurance Podcast, sold their brokerages but still wanted a role in the business.

Date: July 2024


Technology

Empathy CEO: Emerging Technology Helps Insurers Redefine Relationships

Ron Gura, co-founder and chief executive officer of Empathy, said life insurers can use technology to let machines do what machines do best and to let humans do what humans do best.

Date: June 2024


AI Question

Leading AI Platforms Respond to Question About Nuclear Verdicts

Nuclear verdicts are one of the insurance industry’s most pressing problems. Three artificial intelligence large language models offer their takes on what the industry can do to reduce their likelihood.

Date: May 2024


Insurance Mediasphere

Insurance Professionals Find New Routes To Get Their Messages Out

As traditional media relegates insurance beat reporting to the past, insurers use podcasts, blogs, social media and trades to disseminate their work.

Date: May 2024


Artificial Intelligence

Connecticut Issues Bulletin on AI Use in Insurance

The bulletin, No. MC-25, sets out guidelines for insurers’ governance of the development, acquisition and use of certain AI technologies and systems, according to the state’s department of insurance.

Date: May 2024


At Large

All In On AI: Blend Tech With People To Drive Value

Artificial intelligence is a game changer in insurance. The industry needs to get on board or be left behind.

Date: May 2024


At Large

The Impact of Technology on Insurance: Past, Present and Future

Insurers can benefit by taking a quantitative approach to the impact of technology in the industry over time.

Date: April 2024


AI Question

Leading AI Platforms Disagree on Pinpointing Industry’s Most Pressing Issue

Artificial intelligence’s large language models have different takes on what is the single biggest issue facing today’s insurance industry.

Date: April 2024


Artificial Intelligence

AI-Powered Prying in Social Media Raises Ethical Concerns in Insurance

With social media turning life into an open book, the temptation to use artificial intelligence to gather lifestyle information is great when assessing risks or preventing fraud, insurance leaders say.

Date: April 2024


DUAEs: MGA Lab

InsurTech NY’s MGA Lab Helps Startups Become Fully Operational Digital MGAs

The organization’s co-founders say they have identified a growing need for digital MGAs.

Date: March 2024


Artificial Intelligence

NAIC Executive Committee Adopts AI Bulletin Leaving ‘Bias’ in Text

Kathleen Birrane of the National Association of Insurance Commissioners said at an executive committee meeting that the bulletin was created through a “highly collaborative” process, with amended drafts exposed in July and October and discussed in November 2023.

Date: February 2024


The Last Word

B.S.? B.A.? MBA? Technical Skills Can Enhance College Degree’s ROI and Career Prospects, Industry Leaders Say

Hiring in the insurance sector largely tracks the broader economy, but dynamics favor hiring among agents and actuaries over claims and underwriting, according to U.S. Labor Department data.

Date: February 2024


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