The Insurance Board

Are marine cargo insurers missing out on a huge opportunity to improve risk management and pricing by not fully leveraging the wealth of available shipping data? In today’s data-driven world, the marine cargo insurance industry has access to vast amounts of real-time supply chain data but isn’t using it to its full potential. In the latest article from The Insurance Board, Matthew Yeshin, Managing Director at Marsh Canada Limited, explores how insurers can harness granular shipment data to improve underwriting, streamline risk assessments, and create more flexible policies that meet the evolving needs of global supply chains. Read the full article to learn how the marine cargo insurance industry can modernize its approach and unlock the power of data: https://lnkd.in/dnJA2DuP Plus, be sure to catch Matthew's session at Excellence in Insurance on October 29, titled "How to Make Better Pricing Decisions in Marine Cargo," where he’ll dive deeper into this topic! #marincargo #data #Excellence2024

Are you meeting customers where they are in today’s #digital world? As consumer expectations shift towards more digital interactions, modernizing your customer experience is no longer optional—it's essential for staying competitive. In The Insurance Board's latest article, Ryan Clissa, Director of Insurance at Glia, explores how insurers can enhance policyholder #engagement by offering seamless, multi-channel communication and unified service platforms that improve both customer and employee experiences. To check out the full article and learn how to transform your digital interactions, please visit: https://lnkd.in/edyUHwGK #TheInsuranceBoard #CustomerExperience

How are modern core systems keeping up with the increasingly complex roles in insurance? In this video, The Insurance Board expert Christopher Quirk dives into how core systems have evolved to drive collaboration, efficiency, and adaptability in today’s fast-paced insurance landscape, and shares how insurers can use these systems to streamline operations and stay ahead of the competition. You’ll get key insights on how technology is reshaping insurance operations, from underwriting to customer service, and how modern systems are making a real difference to businesses. Check out more expert insights from our Insurance Board to stay informed on the latest trends shaping the P&C insurance industry: https://lnkd.in/ehS8h3Ca #TheInsuranceBoard #coresystems #PCinsurance

Is your regulatory bureau maintenance at risk due to poor #data integrity? The accuracy of data is more critical than ever in today's digital age, especially when it comes to staying compliant with changing regulations in the P&C insurance industry. In a recent article from The Insurance Board, we explore the risks insurers face when data integrity falters and offer key strategies for ensuring accuracy in #regulatory maintenance to help insurers avoid penalties, mispricing, and operational disruptions. Learn how to leverage data governance, advanced tools, and system integration to strengthen your organization’s approach to regulatory #compliance. Read the full article to discover how to safeguard your regulatory processes and maximize the impact of your digital transformation: https://lnkd.in/ekjUr_fr #TheInsuranceBoard #regulatorycompliance #insurance

Is your organization making the most of its data, or are hidden patterns keeping you from key insights? In the data-rich world of P&C insurance, visualizing #data can be the difference between identifying emerging trends and missing opportunities. In the latest article from The Insurance Board, we explore how data visualization is helping insurers unlock hidden patterns in claims data—from severe weather events to rising social inflation—and turning those insights into strategic advantages. Read the full article to discover how your organization can leverage data visualization to drive innovation and improve customer outcomes: https://lnkd.in/eGam7bhS #TheInsuranceBoard #datavisualization #insurance

Is your organization prepared to tackle the security risks of #cloud adoption, or are you unknowingly leaving the door open to threats? As insurers rapidly transition from legacy systems to the cloud, the promise of efficiency and scalability is met with serious security challenges that can't be ignored. In the latest article from The Insurance Board, Insurity's Chief Information Security Officer Jay Wilson dives deep into these risks and provides actionable steps to ensure a secure, seamless cloud #migration. To safeguard your cloud journey and stay ahead in the insurance industry, read the article here: https://lnkd.in/dQxT62WH #TheInsuranceBoard #expertinsights #infosec

Is your organization leveraging regulatory compliance as a competitive advantage or merely checking the box? The latest article from The Insurance Board reveals how P&C insurers can transform what is often seen as a compliance burden into a powerful strategic asset. By rethinking #regulatory maintenance, insurers can not only build trust and enhance operational efficiency but also gain a #competitive edge in a crowded market. Read the full article to discover how mastering regulatory compliance can elevate your business strategy and set you apart from the competition: https://lnkd.in/e-k64-3w #TheInsuranceBoard

How can insurance companies navigate the risks of #AI while unlocking its potential to transform their operations? In a recent article on The Insurance Board, Ryan Clissa, Director of Insurance at Glia dives into the challenges and opportunities of introducing AI into insurance workflows, from improving decision-making to enhancing customer service, and provides valuable insights on how insurers can safely deploy AI to boost #efficiency and stay competitive. To explore the strategies that can help your organization succeed in the AI landscape, read the full article: https://lnkd.in/dMbe5Phf #TheInsuranceBoard #pcinsurance #expertinsights

Are you looking for ways to streamline your claims process and enhance profitability in an unpredictable market? In the latest article from The Insurance Board, learn how a Straight-Through Processing (#STP) approach can improve your claims management, reduce costs, and increase efficiency. Dive into how STP can help insurers balance risk and profitability, with practical insights on #automated damage assessments and rapid payments. To read the full article and explore how adopting STP can position your company for long-term success., please visit: https://lnkd.in/didZCtbC #TheInsuranceBoard #pcinsurance #expertinsights

Is your #claims process feeling the strain of today’s volatile market? If so, you're not alone. In our latest video, The Insurance Board expert Frank Heaps shares his insights and strategies for balancing risk and profitability, discussing key opportunities and actionable steps insurers can take to navigate uncertainties, optimize risk management, and boost #profitability in today's market. To check our more rapid-fire insights from the Insurance Board's team of experts, please visit: https://lnkd.in/dpcimXMP #TheInsuranceBoard #riskmanagement #expertinsights