Formula for Creating a Positive Risk Culture By Donna Galer It makes sense that insurers should be excellent at managing their own strategic, financial and operational risk. But is that always the case?
How to Improve 'Model Risk Management' By Michael Porcelli Henry Essert An essential starting point for insurers initiating an MRM program is to develop an inventory of their models.
How Risk Produces Financial Success By Kieran Stack The implementation of enhanced risk management practices represents a tremendous opportunity, while lowering D&O premiums.
5 Trends for Employers to Watch in 2018 By Kathryn Tazic Compounding of global risk and policy shifts are two of the areas to watch in risk management and employee benefits this year.
Super Bowl's Lessons for Risk Management By Martin Frappolli Understanding local culture can prevent problems--a lesson many Vikings fans missed at the NFC Championship game at in-your-face Philadelphia.
Retirement Funding, Inequality, Insurance By Christian Hott The current low-yield environment raises questions about retirement savings and inequality. Insurance can help solve the problem.
Global Risks in 2018: What Lies Ahead? By Howard Kunreuther The environment has become a major issue, and global risks are now highly interdependent, creating the prospect of cascading problems.
Cognitive Dissonance and the CRO By Henry Essert Chief risk officers need to be able to accommodate two opposing views: the traditional approach, plus some important new tools.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.