Swiss Re's Duffield: Mutuals May Have Edge in Managing Disruption

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Chris Duffield, senior vice president, Swiss Re Canada, said some mutual insurers may be able to better negotiate changes to the insurance environment because of their focus on their policyholders and corporate values.

 

Cyber Panel: Pre- and Post-Loss Services Are Key Elements of Cyber Products

A panel of cyberrisk experts gathered by A.M. BestTV at the Meeting of Reinsurance Officials in Montreal said insurers are using data to create and price cyber products, and that clients care about much more than financial indemnity.
 

Willis Re's Barnes: Mutual Insurers' Policyholders Want a Big-Picture Solution to Cyber

Michael Barnes, assistant vice president, Willis Re, said mutual insurers' focus on policyholders likely means they would rather develop more complex solutions tailored to policyholder needs, than develop simple, limited products.

 

Element AI's Dugas: Artificial Intelligence Needs Computing Power, Systems

Charles Dugas, director of insurance solutions, Element AI, said insurers that want to implement an artificial intelligence program must work from a digital, modernized technology platform with access to data sources and computing power.

 

IBM's McLaughlin: Tech Helps Insurers Create Risk Tools for Users

Mark McLaughlin, global insurance director, IBM, said insurers will benefit from developments in data, artificial intelligence, cloud computing and industry platforms.

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