Sunday, July 21, 2024

Insurance coverage Information: 2023 in overview | Insurance coverage Weblog


As we bid farewell to 2023 on this last Insurance coverage Information Evaluation of the yr, we’re blissful to welcome Cory McAnelly, Assistant Vice President of Enterprise Innovation Technique at Principal, to affix as we delve into what made the headlines this yr.

We begin with a recurring theme: generative AI. Cory brings his perspective on the place he sees the innovation occurring with this know-how within the startup ecosystem and, as a former mental property lawyer for Principal, among the extra attention-grabbing authorized questions these improvements are elevating.

2023 marked the hottest year on record, and insurers are grappling with the unpredictability of claims resulting from catastrophic occasions linked to local weather change. We speak about how the business is adapting danger administration methods, contemplating protection limitations, new fashions, and investments in sustainability-focused corporations.

Travel is back—not simply as a result of holidays. We discuss concerning the state of journey insurance coverage and alternatives to innovate to supply proactive and personalised protection. We additionally contact on the year in crypto and the way insurers’ views on this and different metaverse-related subjects have developed.

Lastly, what would the vacations be and not using a few reindeer video games? Watch as Cory challenges his good friend and mentor Bruce Hentschel, who joined us in November, to see who will get extra views.

Have a protected and blissful vacation season! We are going to see you in 2024.

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