Lloyd's Beale: Microinsurance Is a Opportunity for Mutuals, Reinsurers

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Inga Beale, chief executive officer, Lloyd's also said that Lloyd's has tallied more than $4.5 billion in initial storm losses, with more claims to be paid as natural catastrophes continue around the world.

 

Cambridge's Gonzalez Pelaez: Microinsurance Needs Regulatory Support

Ana Gonzalez Pelaez, fellow, University Of Cambridge's Institute for Sustainability Leadership, said microinsurance falters in regions that lack insurance regulation because general authorities don't know how to support it.

 

Thrivent's Catsuros: Insurance Needs to Move at the Speed of Tomorrow

Alec Catsuros, senior product manager - digital experience, Thrivent Financial, said consumers have come to expect quick access to products and services, which puts slower-moving insurers at a growing disadvantage.

 

Uplift's Shailabh: Large-Scale Insurance Efforts Grow From the Bottom Up

Kumar Shailabh, Executive Director, Uplift Mutuals (India), said creating health insurance coverage that reaches across the Indian population should involve residents in the design, delivery and claims, making it scalable.

 

CyberScout's Levin: Insurers Managing Cyber Accumulation Via Reinsurance

Adam Levin, chairman and founder, CyberScout, said insurers that take on cyberrisk are increasingly concerned about accumulation risk, causing them to look to reinsurers to offset.

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