AM Best Audio Podcast AM Best Company
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Insurance news, interviews, rating announcements and more.
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Counterpart's Hackett: ChatGPT, AI Leverage Repetition to Analyze Risk
Tanner Hackett, CEO, Counterpart, said new machine learning and similar systems help insurers synthesize huge data sets for better underwriting, marketing and more. Hackett spoke with AM Best TV at the InsurTech Spring Conference in New York City.
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Industry Report Shows Auto Insurance Shopping Is Escalating
Stephen Crewdson Sr., director, insurance business intelligence, J.D. Power, details a report with TransUnion that shows after months of decreasing auto insurance shopping, consumers are now returning to looking for better deals from carriers.
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Panel: Reducing Wildfire Risk Requires a Multilayered Approach
Insurance risk experts who spoke with AM Best TV at the Verisk Insurance Conference in Orlando, Florida, said governments are at the early stages of grappling with this issue, which intersects with science, business, public policy and land use.
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Allianz Report: 2024 Could Be Unprecedented Year for Political Violence
Srdjan Todorovic, head of political violence and hostile environment solutions at Allianz Commercial, details the findings of a new risk report that shows terrorism, civil unrest and environmental activism as intensifying risks in a volatile geopolitical environment.
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Munich Re: Need, Risk for Cyber Coverage Rising for Public Entities
Public entities such as municipal governments are increasingly the targets of cyberthreats, said Munich Re Specialty’s Lauren Tredinnick, president, public entity solutions, and AVP Maria Long, cyber underwriter & risk management portfolio leader.
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Swiss Re’s Pande: Civil Commotion Climbed 3,000% From 2000 to 2020
Swiss Re’s Chief Property Underwriter Mohit Pande said strikes, riots and similar events are growing in frequency and severity as rising concentrations of populations in major cities create a higher density of valued assets within a heightened risk landscape.