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AM Best Audio

A.M. Best Company, Inc.

Insurance news, interviews, rating announcements and more.

business business news

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16:46

FM Global’s Tofte: Denmark Retains Top Spot in...

AM Best Audio ·

2023/07/24

To improve resilience and mitigate risks such as geopolitical tension and natural catastrophes, business leaders must examine building locations and the impact of climate risk on those facilities, said Pentti Tofte, staff senior vice president, data analytics, FM Global.

en-US

7:15

AM Best: First Hard Market Cycle Brings a Return to...

AM Best Audio ·

2023/07/21

Cyber coverage far outpaces the rest of commercial insurance, said Sridhar Manyem, AM Best senior director, Industry Research & Public Relations, and Senior Industry Analyst, Christopher Graham.

en-US

12:21

Allianz's Khanna: Report Shows Shipping Getting Safer

AM Best Audio ·

2023/07/20

Rahul Khanna, global head of Marine Risk Consulting, Allianz, details the findings of a new report that shows the number of vessel losses was down 36% in 2022 and has decreased by 65% over a 10-year period.

en-US

23:56

Swiss Re’s Holzheu: Annual Premiums Needed to Close...

AM Best Audio ·

2023/07/19

Thomas Holzheu, chief economist Americas, Swiss Re Institute, said that closing global protection gaps for natural catastrophes, crop, health insurance and mortality would require a record high $1.8 trillion in annual insurance premiums—a cumulative 20% rise since 2018.

en-US

7:51

Nationwide Report: Two-thirds of Small Business...

AM Best Audio ·

2023/07/18

Tony Fenton, vice president of commercial lines, underwriting and product at Nationwide, discusses a new company survey that shows small and medium market business owners are increasingly worried about U.S. economic conditions

en-US

39:14

Sedgwick's North: Think About Claims From the...

AM Best Audio ·

2023/07/17

Dave North, executive chairman, Sedgwick, said one element of the firm's growth has been customizing programs that create better relationships between claimants and risk-takers.

en-US

16:26

Insurers Employing Technology to Combat Fraud

AM Best Audio ·

2023/07/14

Brian Wilson, vice president, Special Investigations Unit, QBE North America, and Dan Gumpright, EVP, Product and Operations at DetectSystem, explain that insurers have kept up with tech-savvy fraudsters by deploying artificial intelligence to address a range of bogus schemes.

en-US

17:21

Data, Analytics Helping to Transform Insurer’s D&I...

AM Best Audio ·

2023/07/13

Dianne Greene, Verisk's global head of Diversity, Equity and Inclusion, explains how qualitative data is helping to build trust as insurers broaden their programs and initiatives.

en-US

10:05

Americans Show High Level of Tolerance for Insurance...

AM Best Audio ·

2023/07/12

Shane Riedman, vice president and general manager of anti-fraud analytics for Verisk Claims Solutions discusses the findings of a new study on insurance fraud that shows the crime is perceived differently compared to other types of financial fraud.

en-US

9:12

J.D. Power Survey Shows Auto Insurer Customer...

AM Best Audio ·

2023/07/11

Mark Garrett, a director at J.D. Power, discusses a recent survey that shows the auto insurance industry and its customers are facing an unenviable situation: Many insurers are facing record‑high loss ratios, while many customers are seeing big rate increases. The price pressures are leading to big drops in satisfaction.

en-US

6:18

Conning CEO: Generali Investment Holdings To Acquire...

AM Best Audio ·

2023/07/10

Cathay Life Insurance Co. Ltd. will contribute its ownership of Conning Holdings Ltd. and its three affiliates -- Octagon Credit Investors, Global Evolution and Pro-market -- in exchange for 16.75% ownership of GIH, said Woody Bradford, chief executive officer and chair of the Conning board.

en-US

9:59

Risk Panel: Organizations Should Share a Common Risk...

AM Best Audio ·

2023/07/07

A panel of risk management experts at the IASA conference in Minneapolis said organizations must share a common perspective about their own risks and how to address them.

en-US

6:03

Insurance AUM's Foley: AI Set for Major Impact on...

AM Best Audio ·

2023/07/06

Stewart Foley, founder, Insurance AUM, sees a race shaping up with development applications, but warns that artificial intelligence can give incorrect results. Foley spoke with AM Best TV at the 2023 IASA Insurance Conference in Minneapolis.

en-US

4:00

PII's Esmond: AI Systems Must Build in Accountability

AM Best Audio ·

2023/07/05

Truman Esmond, founder and CEO, Partnership for Insurance Information, said artificial intelligence processes can employ blockchain technology to give greater transparency into the results they generate. Truman spoke with AM Best TV at the 2023 IASA Insurance Conference in Minneapolis.

en-US

11:58

A Flood of Offerings

AM Best Audio ·

2023/07/04

Neal Schmidt, Vice President of Underwriting, Specialty Property at Philadelphia Insurance Cos., said flood resilience is all about the ability to withstand and rapidly recover.

en-US

3:58

Impact of Inflation

AM Best Audio ·

2023/07/03

Derek Freihaut, Principal and Consulting Actuary for Pinnacle Actuarial Resources, said that inflation in 2022 was particularly significant to many insurers because of the replacement costs of big-ticket items.

en-US

4:20

Optiv's Turgal: Cybersecurity Stakes Are Rising for...

AM Best Audio ·

2023/06/30

James Turgal, vice president, Optiv, said proposed U.S. SEC regulations would expand cyber reporting requirements for leaders of publicly traded companies. Turgal spoke with AM Best TV at the 2023 IASA Insurance Conference in Minneapolis.

en-US

7:06

Thrivent's Tipton: NAIC Changes Could Alter How...

AM Best Audio ·

2023/06/29

Tip Tipton, head of accounting policy, Thrivent, said U.S. insurance regulators are moving toward changes that would alter the way bonds and asset-backed securities are reported. Tipton spoke with AM Best TV at the 2023 IASA Insurance Conference in Minneapolis.

en-US

14:28

Panel: The Past Is No Longer a Reliable Predictor of...

AM Best Audio ·

2023/06/28

A panel of climate experts at the Insurance Accounting and Systems Association conference in Minneapolis said financial incentives are important in encouraging the building of more resilient structures.

en-US

5:50

IASA's Crockett: Association Continues to Evolve,...

AM Best Audio ·

2023/06/27

Kerry Crockett, CEO, Insurance Accounting and Systems Association, said the organization is moving from a sole focus on accounting and insurance, to a better connection with the broader community and creating content for a diverse audience.

en-US

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