Insurance in 2021: a FintechOS selection of insights

With hardening markets across many product lines, challenging reinsurance markets, and preparations for a once in a generation regulatory change on pricing, it could be said that the general insurance market is living through a perfect storm. Looking ahead to 2022 and the changes on the horizon, might the tide be about to turn? Or will the grave impacts of climate change, an ongoing pandemic, and the threat of many other headline-making loss events, such as a large-scale cyber-attack, mean that this is a state of play to get used to? This lively panel debate considers the overall state of the general insurance market, what routes there are to a more stable market, whether we should expect this period of instability to continue, and seeks to answer if general insurance is living through a perfect storm or not?

Addressing Medicare recovery claims is a critical part of Medicare secondary payer (MSP) compliance. Failure to properly resolve these claims exposes insurers to significant liability – including Treasury actions and double damages. All non-group health insurers – WC, liability, no-fault, and others -- are in Medicare’s bull’s eye and it is critical you a have solid game plan in place. This session will help you get a handle on Medicare recovery claims, identify key CMS trends, and outline steps you can take to improve your practices.

It’s either strategic planning season at your company or it soon will be. For insurers, strategy time means renewed, intensified focus on underwriting appetite. Simply put: what business will you strive to win for the next 3-5 years? Many senior line, territory, and segment leadership teams probably won’t discuss much else this summer and fall. But do you have the data to start that discussion? Can you recognize emerging opportunities for profitable growth? Are you relying mostly on your current book or chasing the most recent headline in lieu of having the best information?

Learn techniques on how to properly investigate and ensure workers' compensation claims should be contested. At one time for another, virtually all employers must deal with an on-the-job injury. When a work-related injury is reported, the employer must investigate the injury to determine its validity. This topic will help any employer, regardless of size, identify questionable claims and determine which claims should be contested. It will give employers and their attorneys a road map for investigating the injury claim, deciding whether to contest the claim and developing evidence to defend it. This material will also provide attorneys with helpful litigation techniques for defending workers' compensation claims.