The debate over the potential of digitalisation and AI continued among panellists at an October roundtable hosted by The Insurer and Verisk, as participants called for clarity and even a closer look outside the industry.
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Descended from Abyssinian gazelles, the last quadruped with unicorn DNA – the rarest animal of all – is the pushmi-pullyu. The horned, llama-like beasties are very hard to catch, because they have a head at each end and can always see you coming.
When you think about innovation, insurance is not always the first industry that comes to mind. Most people think about innovation in the technology, consumer goods or even entertainment sectors first. But insurance innovation can have a sizeable impact too, and a significant amount of it is driven by program managers.
The insurance industry, and particularly the London market, is in a far stronger position when it comes to attracting fresh talent than it was a decade ago. That’s worth celebrating, writes Wiser Academy managing director and CEO Crescens George.
About 400 years ago an Englishman named William Gilbert wrote a book called De Magnete. It was the definitive guide to electricity, and included the new word electricus. Despite the poncy Latin, no one took much notice.
Climate change is set to increase the risk from natural catastrophes in countries such as Australia, complicating an already intricate business risk landscape. Storylines can help businesses better understand and manage these complex and often compound climate hazards.
The Partnership for Carbon Accounting Financials greenhouse gas reporting and accounting standard is becoming the go-to framework for insurers disclosing their Scope 3 insurance-associated emissions.
Aon unveils the expansion of its Climate Risk Monitor offering as the insurance sector looks to improve its understanding of how a changing climate influences natural perils worldwide. Sustainable Insurer talks to Megan Hart, global head of analytics and collaborations at Aon, about the key aspects of the update.
Munich Re's Ina Ebert on the effects of the revised EU Product Liability Directive, its new features most relevant for insurers and its consequences for them.
As we approach 2025, there is a notable surge in start-up MGA activity and the launch of innovative, niche or tech-driven firms. We are witnessing a transformation that is exciting and indicative of a larger trend towards specialised MGAs driven by client outcomes.