A panel of industry experts at the 2023 WSIA Annual Marketplace in San Diego discussed how flexibility of the surplus lines market provides a faster response to various issues in the cyber space.

Insurance and technology experts gathered by AM Best TV at the WSIA Annual Marketplace in San Diego said insurers should use caution in deploying artificial intelligence-enabled technology or risk issues of privacy, risk management, and governance.

A panel of industry experts at the 2023 WSIA Annual Marketplace in San Diego discussed artificial intelligence, its use in the industry, how it will aid underwriters and its impact on work efficiency.

Dale Hoppe, Vice President of Workers' Compensation Programs at Nationwide Excess & Surplus/Specialty said the fluctuating and changing workplace dynamics is having an impact on the workers’ compensation market.  

Arthur Randolph, principal and consulting actuary, Pinnacle Actuarial Resources said that insurers writing homeowners’ policies in Florida face a myriad of challenges including surplus erosion.

Dan Landers, President and Chief Executive Officer of A.I.M. Mutual said the companies priorities are first, last and always their people.

Brady Kelley, executive director, WSIA, said this year’s conference drew more than 7,500 registrants, with the sector reporting $98 billion in premium for the previous year. Kelly spoke with AM Best TV at the WSIA Annual Marketplace in San Diego.

Richard Giller, partner, chair of Greenspoon Marder’s insurance recovery and counseling group, discusses implications of New York Jets’ Aaron Rodgers’ recent injury and athletes’ need for permanent disability and a loss of value rider.

CAC Specialty Health Care Executive Chairman Kevin Carnell discusses how current market conditions and rising severity of natural catastrophes are driving reinsurance capacity, pricing and coverage limitation challenges facing health care systems.

Tim Francis, enterprise cyber lead at Travelers, discusses a recent survey that shows for the ninth straight year, cyberthreats were among the top three concerns of the 1,200 companies surveyed.