“I have literally held the hands of many spouses who have lost loved ones, attended the funerals of parents who lost their child, sat with policyholders as their home smouldered to ashes. AI cannot replace the care that other humans take for themselves.” – State Farm Agent of 20+ Years, r/StateFarm Agents making this argument…
Comprehensive Recruitment Pattern Kwan’s appointment follows two earlier appointments that have established a similar delivery-focused logic. In January, AXA XL named Richling, who previously served as senior vice president of risk management at MGM Resorts International, to its current broker relationships role – a client-side background that brings direct experience to how large commercial buyers…
Howard Weiss, chief development officer at King Risk Partners, said producers need the infrastructure to compete effectively in today’s market. He added, “In today’s environment, expertise is no longer optional – it’s a necessity. Our focus is on building real capabilities behind our producers so they can move faster, win more and deliver better results…
Earnix is the first AI company purpose-built for insurance decision making, providing the industry with the intelligence, governance and decision-making agility to drive profitable growth, improve resiliency and act with speed and accuracy in a rapidly changing risk environment. A trusted provider of production-grade AI and decision-making technology for insurers, Arnix is based on more…
“They either experience fatigue or increased costs due to large-scale changes, and as a result they abandon some of those legacy technical debt fixes. This impacts the organization and limits the ability to really reap the benefits of the change.” He argues that that discipline is now paying off. With the mainframe gone and modern…
What followed destabilized insurance executives and risk managers across the country. Instead of universal condemnation, the murder provoked public anger not at the alleged shooter, but at the health care and insurance industries. The social media platform is filled with comments expressing frustration over denied claims, rising premiums and what many Americans have described as…
data analysis Asia-Pacific Cyber Threats: Volume vs. Insurance Severity Each bubble is one of the top five cybercrime types ranked by Interpol across 18 member countries. Horizontal: Case volume. Scope: Severity of insurance claims. Bubble size: speed of increase. Hover for details. High Volume/High Severity higher severity/lower dose Moderate severity/high volume emerging/accelerating Ransomware: High volume,…
The RIA channel is targeting the other end – and it’s more valuable. Cerulli Associates estimates in its 2026 US Retail Investor Solutions report that mass affluent households alone, those with financial assets between $100,000 and $2 million, represent a $25 trillion wealth opportunity across approximately 46.9 million households. These are households that have multiple…
In innovation, Allianz now leads in research and patents, climbing from fourth place in 2025. It has recorded more than 900 AI use cases worldwide spanning underwriting, claims, fraud detection and customer service. Its Nemo platform, launched last November, represents the most advanced example of agentic AI deployment found among 30 insurers: a coordinated system…
pacific side of ledger What El Nino gives to the Atlantic it takes away elsewhere. El Niño increases tropical cyclone activity in the central and eastern Pacific while simultaneously suppressing the Atlantic – which has a direct impact on the circulations approaching the Latin American or Pacific coast. Previous El Niño analogs include devastating floods…
