Core Insurance, Risk Management

Reinsurance management: The biggest risk in insurance?

June 14, 2023

Reinsurance management: The biggest risk in insurance?
Reinsurance is a vital function, empowering insurers to offer more coverage to more customers at a more competitive price.

But at a time when every insight, innovation and advantage is needed to help insurers take ownership of their reinsurance program, their antiquated reinsurance management systems and methods may be the biggest factor limiting their reinsurance program success and business performance.

Spotlight

Pacific Specialty Insurance Company

Pacific Specialty has been a leading provider of property and powersports insurance, protecting millions of people across the country, for over 20 years. In fact, Pacific Specialty is rated "A" (Excellent) by A.M. Best, the world's leading insurance company rating organization. So you know your insurance policy comes with an added level of confidence. That's true peace of mind. Now and in the future.

OTHER WHITEPAPERS
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Top considerations for insurers in 2023

whitePaper | December 10, 2022

As 2022 comes to a close, insurance companies are facing significant price losses across their portfolios, particularly within long-duration fixed income. On the horizon are the risks of a global recession, peaking fundamentals, persistent inflation and energy crises, particularly in Europe.

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2020 insurance outlook

whitePaper | January 3, 2020

As insurance firms adapt to maturing markets and economic turbulence, in the long run, their ability to integrate technology, talent, and business-model innovation into legacy environments may be the key to success. The insurance industry remains resilient, continuing to generate growth around the world and maintaining overall profitability despite turbulence in the global economy.

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Automating for End-to-End Claims Processing

whitePaper | May 3, 2022

The insurance industry is no stranger to technological change, whether it was forced to change or inspired by grander visions. For decades, the insurers that led the industry ranked as some of the most technologically innovative operations in the world. But the exact technologies that used to showcase the C-suite’s willingness to adopt cuttingedge solutions are now holding them back.

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How does artificial intelligence make subrogation viable and valuable?

whitePaper | January 17, 2023

Subrogation offers insurers the important chance to reduce claim costs by assigning full or partial responsibility to another party. It is most commonly used in automotive insurance, but can also be applied to property claims, renter’s insurance, and policies covering possessions such as phones or appliances. But opportunities for subrogation can be missed, which likely costs insurers billions of dollars each year.

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Top trends in property and casualty insurance 2023

whitePaper | December 5, 2022

As we head into 2023, P&C insurers will prioritise digital transformation initiatives to navigate geopolitical risks, supply chain disruptions, sluggish growth and rising inflation. Key actions will include focusing on customer centricity, prioritising agile product innovation, embedding sustainability into corporate strategy, and building advanced digital capabilities to build a resilient, future-ready enterprise.

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The Value of an Extensive Vendor Network: Actionable Data and Digital Adoption

whitePaper | April 19, 2023

In this report, we discuss the value an extensive vendor network and comprehensive vendor payment management program provides, including how insurers can increase cost savings and improve vendor and adjuster experiences.

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Spotlight

Pacific Specialty Insurance Company

Pacific Specialty has been a leading provider of property and powersports insurance, protecting millions of people across the country, for over 20 years. In fact, Pacific Specialty is rated "A" (Excellent) by A.M. Best, the world's leading insurance company rating organization. So you know your insurance policy comes with an added level of confidence. That's true peace of mind. Now and in the future.

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