Target Markets, AM Best TV, Program Administrators, MGAs, Managing General Agent, Delegated Underwriting Authority Enterprise, DUAE

Munich Re's Johnson: Casualty Issues a Growing Concern

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Kevin Johnson, president, insurance programs, Munich Re, said insurers are increasingly concerned about legal-system abuse and loss-cost trends. Johnson spoke with AM Best TV at Target Markets' 23rd Annual Summit, held in Scottsdale, Arizona.

View Full Best's Event Coverage of the TMPAA 23rd Annual Summit
 

Clear Blue's Breslin: Lines Are Blurring Between Fronting, Traditional Program Carriers

Jerome Breslin, founder and CEO, Clear Blue Financial Holdings, said regardless of their structure, all insurance carriers must address execution risk, contract risk and compliance.

 

Spencer Foundation's Nomvete: 42 Insurance Job Openings for Each Qualified Candidate

Tandeka Nomvete, director of external engagement, Spencer Educational Foundation, said the insurance jobs gap is due to the retirement of the baby boomer generation and not enough young talent.

 

Xceedance's MacMillian: AI Helps Rebalance Underwriters' Information Workload

Travis MacMillian, president of Americas, Xceedance, said artificial intelligence and natural language processing are significantly enhancing the underwriting process.

 

Xceedance's Balakrishnan: Competitive Program Managers, MGAs Are Lean and Efficient

Arun Balakrishnan, CEO, Xceedance, said the market is teaching managing general agents to focus on their core capabilities and to work with providers to handle the rest.

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