Articles
Insurance
Short-term trading and the buying of live catastrophe coverage could become much more prevalent with the advent of real-time data—but it is still early days, Luzi Hitz, chief executive officer of PERILS, told Baden-Baden Today. 24 October 2018
Insurance
Distributed ledger technology—blockchain—will level the playing field in the insurance market, but this is probably one of the main reasons it is being held back from more widespread adoption, George Freimarck, managing director of Xceedance Europe, told Baden-Baden Today. 24 October 2018
Insurance
Run-off expert Arndt Gossmann has launched his latest venture in response to market demand following the introduction of Solvency II and to help dispel any stigma associated with using run-off as a strategic tool, he told Baden-Baden Today. 24 October 2018
Insurance
The infancy of historical claims data is perhaps one of the biggest hurdles for cyber risk modelling, but the advent of probabilistic modelling is a step in the right direction and can help the industry better manage the risk globally. 24 October 2018
Events
Recent natural catastrophe events including those in Japan will probably have wiped out all the reinsurance premium in the market, Matthew Wilken, deputy head of global reinsurance at Argo Group, told Baden-Baden Today. 24 October 2018
Insurance
The potential of insurtech is vital to the strategy of Hiscox going forward as its influence will permeate every part of the business and its offering to customers, according to Adam Szakmary, director of underwriting (Bermuda), Hiscox Re. 24 October 2018
News
The latest version of modelling tools coupled with internal expertise and potentially external advisors can give re/insurers a good understanding of their cyber risk accumulation, Christer Pehrson and Laurent Marescot of RMS, told Baden-Baden Today. 24 October 2018
Insurance
It might be a complex and difficult challenge for large, incumbent carriers to embrace new technology, but they must find a way to do it if they are to compete going forward, said Dylan Bourguignon, chief executive of so-sure, an insurtech company offering mobile insurance and which returns a percentage of the premium to customers if there is no claim. 24 October 2018
Insurance
Keeping pace with developments in insurtech and attracting and keeping the best talent are high on the agendas of executives attending Baden-Baden this week, according to an online survey carried out by Intelligent Insurer ahead of this renewals season. 24 October 2018
Insurance
The challenge of how to respond to insurtech is one of the biggest concerns of top executives in the industry, according to a survey conducted earlier this year by AdvantageGo, part of NIIT Technologies. 24 October 2018
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