The Insurer TV

Welcome to the Friday Recap. This week on The Insurer TV we have been busy with the below… NEWS IN FOCUS Insurance Agents & Brokers' Joel Woods and Steptoe LLP's Scott Sindler from the Industry body the Council of Insurance Agents & Brokers has predicted that the president-elect’s proposed tariffs are unlikely to have a direct impact on the insurance industry, while the potential effects of his proposed tax cuts will largely depend on the final balance of the House of Representatives. CLOSE QUARTER At the 20th Singapore International Reinsurance Conference in Singapore, Guy Carpenter's Anthony G. discussed the key trends he had observed among insurance buyers in APAC in the run-up to this week’s Singapore International Reinsurance Conference. In an interview to coincide with the launch of the MDU Insurance Solutions Campaign, David Casement discussed the MGA’s strategy and said the organisation was looking to increase its focus and reach in the corporate healthcare sector, having historically concentrated on individual clinicians. COMING SOON In an interview with George Abbott, Coffee Medical's Michael Coffee and Schaefer City Technologies LLC's Denise Tyson discuss litigation finance. In another interview Pro MGA Global Solutions Emily Lewis caught up with the Insurer to discuss her career. In a joint interview with Aon’s Michal Lörinc, and ICEYE’S Anke Sielker discuss that the ICEYE's data is showing the scale of loss. This content + more coming soon to your screens. #FridayRecap #insurance #reinsurance #insurancenews #reinsurancenews

🎥 Purviance: Al is helping Amwins access the small business market AI is making small business insurance more efficient by refining data handling processes, according to Amwins CEO Scott Purviance... https://lnkd.in/gE9V-nhK Scott Purviance | Amwins | George Abbott #TheInsurerTV #CloseQuarter #broking #insurance #reinsurance

☄️ YOUNG METEORS with Pro MGA Global Solutions' Emily Lewis Watch the latest edition of the series here: https://lnkd.in/gr23ZBtY Stay tuned for Emily and George's quick-fire questions being released next week... Emily Lewis | Pro MGA Global Solutions | George Abbott #theinsurertv #youngmeteors #insurance #programs #programmanager

🏆 It's been one week since we held our first-ever 2024 Parametric Insurer Awards, where we welcomed over 170 attendees at Landing Forty Two in London to celebrate innovation and excellence in the fast-growing global parametric and alternative risk transfer market. Once again, congratulations to all of our winners: PARAMETRIC BROKING COMPANY OF THE YEAR | Aon PARAMETRIC (RE)INSURER OF THE YEAR | Liberty Mutual Reinsurance PARAMETRIC MGA OF THE YEAR | Descartes Underwriting SOLUTIONS PROVIDER OF THE YEAR | Skyline Partners INNOVATION IN PARAMETRICS (WEATHER AND NAT CAT – PUBLIC SECTOR) | Aon – Parametric Solution for the Government of Puerto Rico and FEMA INNOVATION IN PARAMETRICS (WEATHER AND NAT CAT – PRIVATE SECTOR) | The Demex Group – Parametric Reinsurance Solution for Secondary Perils INNOVATION IN PARAMETRICS (OTHER) | Munich Re, African Risk Capacity, Frankfurt School of Finance, West African Development Bank (BOAD) PARAMETRIC BROKER OF THE YEAR | Alice Glenister MSc ACII, Miller Insurance Services LLP PARAMETRIC UNDERWRITER OF THE YEAR | Jason Hartell, Global Parametrics (a CelsiusPro company) PARAMETRIC RISING STAR OF THE YEAR | Francesca Finucane, NormanMax Insurance Solutions OUTSTANDING CONTRIBUTOR OF THE YEAR | Martin Hotz, Swiss Re Corporate Solutions 📩 To read our coverage of the Parametric Insurer Conference held on the morning of the same day, download our highlights PDF here for FREE: https://lnkd.in/e-VAmybi Augment Risk | CelsiusPro | Descartes Underwriting | Howden | NormanMax Insurance Holdings, Inc | Parametrix | Skyline Partners | Weather Risk Management Association (WRMA) Henry Gale Spencer Halladey Beatrice Boico Isabelle Brooker The Insurer TV #ParametricInsurerEvent #ParametricInsurer #Parametric #AlternativeRiskTransfer #IndexBasedSolutions

🗣️ HIGHLIGHTS | PARAMETRIC INSURER CONFERENCE 2024 Last week, we hosted our inaugural Parametric Insurer Conference, bringing together over 300 industry leaders at WTW's London Auditorium. The event provided a unique opportunity for networking and insightful discussions, with expert speakers sharing their perspectives on the latest market opportunities and emerging challenges. 📩 For a recap of the morning forum, download our Parametric Insurer Highlights PDF here for FREE: https://lnkd.in/e-VAmybi If you are a subscriber, you can read our November edition in full here: https://lnkd.in/ezNyTgm3. Stay tuned for more detailed coverage from the event coming in next month's edition! Thank you once again to our speakers, attendees and of course our sponsors for making the day a fantastic success. Augment Risk | CelsiusPro | Descartes Underwriting | Howden | NormanMax Insurance Holdings, Inc | Parametrix | Skyline Partners | Weather Risk Management Association (WRMA) Henry Gale Spencer Halladey Isabelle Brooker Beatrice Boico #ParametricInsurerEvent #ParametricInsurer #Parametric #AlternativeRiskTransfer #IndexBasedSolutions

🎥 Xceedance’s Ryan Stokes sees more regulation for insurers, MGAs a net positive The capital seen pouring into the insurance sector in recent years has attracted more eyeballs from investors and others, including regulators, which Ryan Stokes of Xceedance sees as “totally a positive” for the industry... https://lnkd.in/gST-6xgT Ryan Stokes | Xceedance | Kamaron Leach #TMPAA #24TMPAASummit #TargetMarkets #insurance #reinsurance #ProgramManager

The Friday recap returns… get your glimpse into what’s been happening this week on The Insurer TV! FERMA At the Federation of European Risk Management Associations’ (Ferma) Forum 2024 in Madrid Armilla AI’s Karthik Ramakrishnan noted that AI-related risks do not generally fall under traditional cyber policies, while it remains ambiguous as to whether errors and omissions (E&O) policies would cover AI risks. Serene Davis, global head of cyber at QBE Insurance, and Gamze Konyar, head of cyber and SVP at Marsh Europe, told The Insurer TV they expect the softening in the European cyber market to decelerate in 2025 and for dynamics to align more with the US market. Corporate insurance buyers across Europe are increasingly turning to parametric solutions as risk managers’ understanding of the type of solutions available continues to grow, according to Marsh’s Rocio Pereira Fernandez, Berkshire Hathaway Specialty Insurance’s Akshay Gupta in a panel hosted Henry Gale of The Insurer TV. TMPAA VIPR Ltd Solutions chief executive officer Paul Templar discusses onboarding new programs, the evolution of bordereaux management, and artificial intelligence in an exclusive interview with Kamaron Leach. “The ultimate goal in claims and in insurance altogether is to take care of the customer,” Ryan Stokes, vice president of business development claims at Xceedance, told The Insurer TV. While some industry players anticipate increased scrutiny as a hamper on revenue and bottom lines, Stokes views it otherwise. FILMED THIS WEEK In an interview with Paul Walsh Guy Carpenter’s Tony Gallagher discusses market dynamics and conditions in the APAC region, how the protection gap has intensified and opportunities for Guy Carpenter in Asia in 2025. In another interview with The Hartford’s Lyanne St. Denis with Kamaron Leach discussing on property market expectations, keeping up with the pace of changing risk, and generative artificial intelligence. Over in New York Kamaron Leach spoke with Michael Garrison, head of wholesale at Navigators, a brand of The Hartford, for a chat about growth of the Navigators business, overcoming integration challenges and what’s to come for the industry’s next generation of talent. This content + more coming soon to your screens. #FridayRecap #insurance #reinsurance #insurancenews #reinsurancenews

🎥 Ferma Insurer TV panel: Experts say European cyber rates will stabilise in 2025 Serene Davis, global head of cyber at QBE Insurance, and Gamze Konyar, head of cyber and SVP at Marsh Europe, told The Insurer TV they expect the softening in the European cyber market to decelerate in 2025 and for dynamics to align more with the US market... https://lnkd.in/gUXrYXzq Gamze Konyar | Marsh | Paul Handy | Crawford & Company | Serene Davis | QBE Insurance | George Abbott #TheInsurerTV #FERMAforum #NewsinFocus #riskrevolution #insurance #reinsurance

🎥 Armilla AI CEO: Most AI coverage not fit for purpose Risks associated with AI currently face a coverage gap, Armilla AI CEO Karthik Ramakrishnan told The Insurer TV on the sidelines of this year's Ferma Forum... https://lnkd.in/gjhvc3B5 Karthik Ramakrishan | Armilla AI | George Abbott #TheInsurerTV #FERMAforum #NewsinFocus #riskrevolution #insurance #reinsurance

🎥 Awareness driving increased parametric adoption by corporations: Ferma panel Corporate insurance buyers across Europe are increasingly turning to parametric solutions as risk managers' understanding of the type of solutions available continues to grow, according to a panel hosted by The Insurer TV at the Ferma Forum in Madrid. https://lnkd.in/gyv8eckA Rocio Pereira Fernandez | Akshay Gupta | Marsh | Henry Gale #TheInsurerTV #FERMAforum #NewsinFocus #parametric #parametricinsurance #insurance #reinsurance