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Reimagining the role of insurance underwriters

May — Insurers are already collecting data using drones and telematics to support better risk selection. Automation and artificial intelligence are being used to make claim management more efficient and improve the customer experience. But what about underwriting?
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Advanced analytics and the future: Insurers boldly explore new frontiers

May — Emerging data sources and advanced analytics have become new frontiers for transforming customer experiences and insurance company operations. Willis Towers Watson’s 2017/2018 P&C Insurance Advanced Analytics Survey Report examines how insurers are preparing for the future.
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Quarterly InsurTech Briefing Q1 2018: Landscape of InsurTech venture capital investors

May — This in-depth report explores the universe of InsurTech capital providers. Incumbent insurers invest to improve their existing processes, while independent venture capitalists focus on solutions that address customer pressure points.
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Blockchain gives life to a 300-year-old idea

May — Senior economist Magda Ramada explains why blockchain technology is actually a new way to pursue an insurance distribution system that existed 300 years ago.
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Bermuda analysis: M&A — it all comes down to motivation

May — As M&A activity in Bermuda continues to heat up, Joseph Milicia discusses the key elements needed for a smooth transaction.
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Editor's picks

Geocoding: The underappreciated science of catastrophe modeling

May — “Geocoding” is the ability to assign descriptive address information to portfolio locations for the purpose of assessing hazard at a given location. Despite advances in peril mapping and geocoding technology, the geocoding process often remains a challenge.
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ILS Market Update Q1 2018

April — Far from recoiling from loss events in 2017, ILS investors are reloaded and ready for June 1, 2018 Florida renewals. Meanwhile, outstanding capacity under catastrophe bonds is greater than ever.
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Insurance Marketplace Realities: 2018 spring update on commercial insurance in North America

April — For 2018, insurers (and their investors) can’t rely on the old market cycle to produce long-term gains. Providing better, more valuable products and doing so more efficiently will be essential to increase profitability.
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Reinsurance Market Report April 2018: Results for year-end 2017

April — Shareholders’ equity in 34 reinsurance companies tracked in the Willis Reinsurance Index was up 7.8% to US$371 billion at year-end 2017. Total reinsurance capacity is roughly stable, despite the hurricanes, earthquakes, wildfires and other events that brought misery to millions of people in 2017.
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In the news

A.M. Best issues and answers: capital ideas

May 15 — Pierre Laurin discusses how robust capital models can help insurance companies anticipate the impact of extreme events and sudden economic changes.
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Radar 4.0: Next-generation software equipped with new machine learning capability for greater insurance pricing sophistication

May 3 — Radar 4.0 empowers users to build Gradient Boosting Machines and classification models directly within the software’s decision support environment.
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Willis Towers Watson appoints Michael LeBoeuf senior director in its Americas Life practice

April 23 — LeBoeuf will be based out of Hartford, CT, where he will provide experience and leadership to the practice and deliver consulting services to life insurance clients.
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Willis Towers Watson appoints Nick Komissarov senior consultant in its Americas Life practice

April 16 — Komissarov will be based in Chicago, IL, where he will be the head of the Chicago Life group and will provide consulting services to life insurance clients.
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Upcoming events

Meet our team:
2018 IASA Educational Conference and Business Show, booth #626
June 3 – 6
Nashville, TN

SOA 2018 Health Meeting
June 25 – 27
Austin, TX


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