Published: January 2020
Female Founders
AM Best TV & Radio: The Evolution of the Insurance Industry: AMBestTV reports on the annual AM Best Insurance Market Briefing – Europe, held in London, and the 16th Singapore International Reinsurance Conference in Singapore. AM Best also looks at the identity theft insurance market. AMBestRadio includes discussions on aviation and aging infrastructure.
AM Best Webinars: A Look Toward the Future, Other Topics on Demand: Recent AMBest Webinar Highlights look at innovative products and upgrading core insurance systems. Also, webinars on data, auto insurance and more.
Asset Management: Going Private: Return is harder to find than ever, forcing insurers to delve even deeper into alternative assets, such as infrastructure debt, according to investment managers in the conclusion of Best’s Review’s annual roundtable.
At Large: 'Thoughtful Investment' Imperative: Investing in insurtech begins with understanding the factors that cause a startup to fail or succeed.
Best's Rankings: Top Audit and Actuarial Firms: Ranked by 2018 loss reserves.
Executive Changes: Selective Insurance CEO Retires; Successor Named: Also: Lockton names new CEO; Bernard J. Tyson, CEO of Kaiser Permanente dies at the age of 60; and Hyperion names group CFO.
From the Editor's Desk: Insurtech Developments: Insurtech companies move into the spotlight in January, with a look at women-led insurtechs and insurtechs that move from MGAs to carriers. This issue also features our annual top audit and actuarial firms listing and our semi-annual trade show calendar.
In the News: Commissioner Puts an End to Wildfire Nonrenewals: The moratorium will affect some 800,000 homeowners in California.
In the News: Hiscox, Brit Lead New Lloyd’s Space Consortium: New insurance coverage targets the NewSpace sector.
In the News: Regulatory Update: Florida cuts workers’ comp rates, NAIC reviewing privacy model law and Australia updates the capital framework for private health insurance.
Insurance Marketing: Driving Ahead: Comedian Tina Fey is teaming up with Allstate’s Mayhem to drive home the message of safe driving, and Axa is opening up the lines of communication about mental health issues in a new brand campaign.
Insurtech: A Global Conversation: Insurtech Talk: Experts discuss the latest trends in the insurtech market with AMBestTV.
Insurtech: Leadership: Female Founders: Insurtech startups founded or co-founded by women use creative capital-raising and networking strategies to overcome the gender funding gap and earn a seat at the table.
Insurtech: MGAs: The Evolution of Insurtechs: While some startups are content to follow the agent or MGA model, others are converting to carriers in an effort to gain more control of their businesses.
Insurtech: Regulatory/Law: Insurtech & Regulation: Regulators must face the question: Are they facilitating innovation or putting up barriers?
Insurtech: Trucking Industry: Data Driven: Protective Insurance’s CEO: Trucking data is the key to mitigating losses on the road and in the courtroom.
Life Insurance: Life Reshaped: AIG Life & Retirement CEO Kevin Hogan has garnered little attention, but his group has produced a consistent level of profitability while the insurer turns around its general insurance business.
Next Wave: New Year’s Resolution: Now is the time to set intentions for the upcoming year.
Risk Adviser: Answer the Call: With human trafficking becoming a growing exposure, insurers need to create coverage for their clients.
Technology: Recipe for Success: Agile software development requires a cultural shift and a focus on several key factors.
The Last Word: A Purr-fect Ending: An adventurous cat who returned home emaciated after a three-week journey captured the hearts of Americans and Nationwide’s annual Hambone Award.
Top Issues in 2020: Best’s Review recently asked readers: What are some of the top issues insurers will be focusing on in 2020?
Trade Shows: Trade Shows/Conferences: The 2020 calendar includes InsureTech Connect Asia in Singapore in June and the RIMS conference in Denver in May. September is a busy month with Rendez-Vous, the NAMIC annual convention, the WSIA annual marketplace, and InsureTech Connect.
What AM Best Says: Time to Grow: AM Best analysts discuss the challenges facing fraternals including the need to increase membership and a competitive middle market landscape.