Six Things: January 18th, 2022

The Genomics Revolution in Life and Health. Plus, top 5 P&C insurance trends in 2022; keeping the human element in AI; the evolution of leadership intelligence; and more.

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The Genomics Revolution in Life and Health

Paul Carroll, Editor-in-Chief of ITL

What if life insurers could help all policyholders with cancer live at least two years longer than they would have otherwise? Just imagine what that sort of breakthrough would do to how people perceive life insurance, while delivering massive gains in profitability to the insurers.

“We think that is doable, today,” Greig Woodring, the longtime CEO of RGA, told me when we talked recently about the future of life insurance and, in particular, the phenomenal potential of genomics.

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SIX THINGS

 

20 Insurance Issues to Watch in 2022
by Kimberly George and Mark Walls

High-impact issues relating to workers’ comp, healthcare and risk management need more attention.

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Top 5 P&C Insurance Trends in 2022
by Susanna Gotsch

The trends stem from a changed work landscape, expanded use of ADAS, climate change, new customer expectations and complexity.

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How to Lay the Groundwork for Innovation in Commercial Underwriting  

Sponsored by Intellect SEEC

In this webinar, ITL Editor-in-Chief Paul Carroll sits down with Jim McKenney, chief strategy officer and products business head at Intellect SEEC, and Sandeep Tandon, CTO of Intellect SEEC.

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Keeping Human Element in AI
by Tom Warden

We all have a responsibility to see that AI is done well, that it has a humanizing influence, not a dehumanizing one.

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The Evolution of Leadership Intelligence
by Christopher Linke

Meeting the high demand for effective leadership requires a special type of intelligence, one that has evolved far beyond traditional IQ.

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Going Beyond the Incremental
by Shantanu Tewari

Most transformation programs include a focus on efficiency or process improvement. All of this progress proves incremental, at best.

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Educating Owners on New Risks
by  Steve Prymas

Only 22% of SME owners and founders have read and understood all their policies. 29% let their insurance auto-renew without changes.

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The Virtual Insurance Agent

Sponsored by Creative Virtual 

With conversational AI, insurance companies can deliver easier and more convenient digital support to customers, improve agent experience and productivity, and reduce contact center traffic.

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MORE FROM ITL

 

January Focus: Parametric Insurance

"By having a simple yes/no metric, such as a temperature that rises above a certain level or drops below a specified level for an agreed-upon amount of time, parametric insurance removes the need to have an adjuster go into the field to inspect..."

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Global Insurance Forum Experts Series  

Sponsored by International Insurance Society 

Over this six-part series, hear from industry leaders about building an innovation culture, leveraging data for success, and more.

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Insurance Thought Leadership

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Insurance Thought Leadership

Insurance Thought Leadership (ITL) delivers engaging, informative articles from our global network of thought leaders and decision makers. Their insights are transforming the insurance and risk management marketplace through knowledge sharing, big ideas on a wide variety of topics, and lessons learned through real-life applications of innovative technology.

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