[July 21, 2017] |
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A.M. BestTV at 2017 IIS Global Insurance Forum: Technology Driving Pace, Scope of Insurance Change
In this A.M.BestTV episode from the International Insurance
Society's (IIS) Global Insurance Forum in London, insurance observers
said the pace of insurance change is quickening, as insurers work with
an ever-widening array of providers and partners. Click on http://www.ambest.com/v.asp?v=iis3717
to view the entire program.
"Insurers have not been the fastest adopters of technology, but they are
starting to embrace it," said James Maudslay, global head of insurance,
Equinix (News - Alert). "Insurers realize that with the changing environment,
especially in digitalization, they have to increase their acceptance of
technology in order to keep up with the diversified technological
climate around the world."
Greg Carter (News - Alert), managing director, analytics, A.M. Best, said he
believes that, "the insurance industry is becoming more interconnected
with other sectors and is starting to work with technology firms to find
solutions to a variety of issues."
For full video coverage of the IIS Global Insurance Forum, including
exclusive executive interviews, visit http://www.ambest.tv/iis17.
Other people that appear in this episode:
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Michael Morrissey, president & chief executive officer, International
Insurance Society.
Recent episodes of A.M.BestTV include:
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London, Long a Home to the World's Risks, Adds to Those Risks:
At the International Insurance Society's Global Insurance Forum,
attendees said the complications of Brexit and recent changes to the
U.K.'s Ogden tables ar among the new and emerging issues facing the
global insurance industry: http://www.ambest.com/v.asp?v=iis1717.
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Caribbean Insurance Growth Continues, But Performance Varies:
Meg Mulry, senior economist, economic & industry research, A.M. Best,
reviews a recent Best's Special Report based on a survey of
Caribbean insurance regulators that shows four nations dominating
results, which were helped by fewer catastrophes: http://www.ambest.com/v.asp?v=caribbean717.
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Global Uncertainty Affects Insurers' Finances, Says Swiss Re Chief
Economist: Kurt Karl, chief economist and head of economic
research & consulting at Swiss Reinsurance Company Ltd.,
said protectionism and shifting political fortunes increase the
likelihood of change in individual markets, making it harder for
insurers to accurately budget and invest: http://www.ambest.com/v.asp?v=karl517.
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Cyber Coverage Goes It Alone: Fred Eslami, senior financial
analyst, A.M. Best, discusses a recent Best's Special Report
that examines how more insurers are writing cyber coverage on a
stand-alone basis, as opposed to packaging it with other products: http://www.ambest.com/v.asp?v=cyber717.
A.M.BestTV covers exclusive A.M. Best information and
reports, targeted topics and key developments in the (re)insurance
industry every Monday, Wednesday and Friday. Sign up for alerts of
episodes at http://www.ambest.com/multimedia/ambtvsignup.html.
View A.M.BestTV episodes at http://www.ambest.tv.
A.M. Best is the world's oldest and most authoritative insurance
rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Company, Inc. and/or its
subsidiaries. ALL RIGHTS RESERVED.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170721005556/en/
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