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Hemant Shah, CEO, of AI-driven risk platform Archipelago, said he expects an increased focus on risk management, resiliency, retention, and strategy to increase the ability to access and use capacity and scale in 2023.
Phil Klotzbach, research scientist, Colorado State University, said storm modeling continues to improve, boosted by ever-more-powerful technology. Klotzbach spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Fred Karlinsky, shareholder, Greenberg Traurig, said insurance fraud is evident statewide, particularly in the southern portion. Karlinsky spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Frank Paul Tomasello, executive director, The Institutes Griffith Insurance Education Foundation, said turnover in public leadership positions means fresh audiences for fundamental insurance concepts. Tomasello spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Dale Porfilio, chief insurance officer, Insurance Information Institute, said investment-driven litigation funding is lengthening lawsuits and clogging court systems. Porfilio spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Bill Ross, chief executive officer, Insurance Industry Charitable Foundation, said the collective this year launched a Sustainability Committee to help leaders in related jobs learn from one another. Ross spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Seth Rachlin, executive vice president, Capgemini, said the number and severity of disasters in recent years have put the focus on insurers' speed and effectiveness in settling claims. Rachlin spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Omar Kaywan, head of growth and co-founder of Goose Insurance, said his company is removing barriers to insurance so that more people can merely “swipe right” on their phones and access more coverage.
Along with evolving risks such as changing weather patterns and labor shortages, the agribusiness sector is now faced with fewer markets, less capacity and rising rates, said Louis Bridges, senior risk consultant, Insurance Office of America's agribusiness division.
Marco Mirabella, founder and CEO of Ensuro, a decentralized licensed insurer on a public blockchain, explains the need for decentralized finance insurance in what could be a burgeoning market.
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