P&C Insurance: Consumer Bill Payment Preferences & What’s Ahead

After a five-year wait, the final rules on private flood insurance have finally been released The rules implement a portion of the Biggert-Waters Flood Insurance Reform Act that defines private flood insurance. This is meant to provide borrowers with more flood insurance options - which also brings more compliance requirements. Compliance and lending staff must be ready by the July 1, 2019, effective date - before regulators start focusing on this area. Examiners will be expecting sample policy, written procedures, and monitoring checklists. This webinar will cover the final rules requirements and present them as sample policy. Prepare your staff now with this mustattend session that will provide the training and tools needed to ensure your compliance standards are complete and correct.

In the past year, we have noticed a surge in demand for digitized solutions. We've reflected on the role automation plays in credit risk modeling and management, and how we can design our products to make it easier for machines and the machine learning algorithm to perform the tasks of humans at a similar level of accuracy as humans with a higher speed and scalability that automation brings. Key highlights: Top reasons many are starting to automate their client risk workflows How we have highlighted client feedback into our considerations in product design Concrete examples on how our product design derives speed and scalability to clients Getting practical with Basel III/APS 112 requirements

Like the Loch Ness Monster from Scottish folklore, only a small portion of life insurance and annuity fraud is ever seen. But unlike the Loch Ness Monster, fraud in the life and annuities fraud is very real and is much larger than the industry is able to estimate. Where are these attacks coming from and what action must life and annuity carriers take to mitigate the problem?

The insurance industry has long worked under the assumption that cyber claims, or cyber incident response, should be led by a lawyer or IT specialist. While legal and IT services are essential components of cyber claims handling, and the cyber provider ecosystem, their expertise is necessary at the right time and not necessarily for every situation that transpires. Dedicated project management can help to streamline the cyber claims process.