| Doug McElhaney is a partner at McKinsey & Company and will be the opening keynote speaker at In2Risk 2023. Doug is the global leader of McKinsey’s dedicated group of AI practitioners serving P&C and life insurance companies. In this role, Doug leads a global team of data scientists, AI experts, and data engineers that help leading insurance companies build next-generation analytics solutions and centers of excellence, helping insurers expand their use of external data in their AI models and solutions. He has also helped both life and P&C insurers develop innovative new pricing and underwriting capabilities using third-party data and machine learning. In today’s episode of the In The Know podcast, Chris Hampshire sits down with Doug for a discussion about the application of AI, the advancement of data analytics, and other timely topics in the insurance world. | AI and the Future of Insurance with Doug McElhaney | 293 | Doug McElhaney is a partner at McKinsey & Company and will be the opening keynote speaker at In2Risk 2023. Doug is the global leader of McKinsey’s dedicated group of AI practitioners serving P&C and life insurance companies. In this role, Doug leads a global team of data scientists, AI experts, and data engineers that help leading insurance companies build next-generation analytics solutions and centers of excellence, helping insurers expand their use of external data in their AI models and solutions. He has also helped both life and P&C insurers develop innovative new pricing and underwriting capabilities using third-party data and machine learning. In today’s episode of the In The Know podcast, Chris Hampshire sits down with Doug for a discussion about the application of AI, the advancement of data analytics, and other timely topics in the insurance world. |
| Paul Roderick is a digital product owner and operations manager at Midwest Employers Casualty (a WRB company), where he’s deeply involved in digital transformation and process improvement initiatives, as well as bringing technical and business colleagues together. Previously, he led a public entity risk management and insurance program, using a technology-forward approach to streamline operations. He is a current member of the CPCU Society’s Technology and Innovation Committee. In this episode of the In The Know podcast, Chris Hampshire and Paul discuss the current state of the carrier side of the insurance industry, Paul’s experience with working for a public entity, and what he sees happening in the future of risk management. | Digital Transformation in the Insurance Industry with Paul Roderick | 350 | Paul Roderick is a digital product owner and operations manager at Midwest Employers Casualty (a WRB company), where he’s deeply involved in digital transformation and process improvement initiatives, as well as bringing technical and business colleagues together. Previously, he led a public entity risk management and insurance program, using a technology-forward approach to streamline operations. He is a current member of the CPCU Society’s Technology and Innovation Committee. In this episode of the In The Know podcast, Chris Hampshire and Paul discuss the current state of the carrier side of the insurance industry, Paul’s experience with working for a public entity, and what he sees happening in the future of risk management. |
| For an industry that is built with risk transfer for people at its core, automation can seem contradictory to that mission. Though automation is a common practice at present, organizations still struggle with balancing digital automation and people. What does automation mean for an organization and what could it mean to the individuals that make up the organization? This discussion will consider a general automation change environment in technology and expectations of the impact for people as automation continues to evolve. Changes in automation affect different areas and roles throughout the industry, from underwriting and claims to policy quoting and issuance. By the end of this webinar, attendees will better understand how much automation work the industry has accomplished so far, which opportunities have been challenging to automate, and whether regulation is helping or hurting the insurance industry to improve automation. | Automation in Insurance: Balancing Heart and Hand | 140 | For an industry that is built with risk transfer for people at its core, automation can seem contradictory to that mission. Though automation is a common practice at present, organizations still struggle with balancing digital automation and people. What does automation mean for an organization and what could it mean to the individuals that make up the organization? This discussion will consider a general automation change environment in technology and expectations of the impact for people as automation continues to evolve. Changes in automation affect different areas and roles throughout the industry, from underwriting and claims to policy quoting and issuance. By the end of this webinar, attendees will better understand how much automation work the industry has accomplished so far, which opportunities have been challenging to automate, and whether regulation is helping or hurting the insurance industry to improve automation. |
| Dive in to the summer issue of Insights, now hot off the presses and chillin’ online. Learn how reputation insurance can help protect your brand—as well as your clients’—and how new regulations make AI everyone’s job. Also explored are the impact of climate change on casualty insurance markets, how to achieve a happily-ever-after ending to claims investigations through teamwork, and why animal liability exposures have become unleashed. Plus, Bruce McEwan, CPCU, makes the case for expanding implementation of the CPCU Professional Commitment, and Brad Gronke, CPCU, advocates pursuing neurodiverse Society members and insurance professionals. | Insights Summer 2024 | 348 | Dive in to the summer issue of Insights, now hot off the presses and chillin’ online. Learn how reputation insurance can help protect your brand—as well as your clients’—and how new regulations make AI everyone’s job. Also explored are the impact of climate change on casualty insurance markets, how to achieve a happily-ever-after ending to claims investigations through teamwork, and why animal liability exposures have become unleashed. Plus, Bruce McEwan, CPCU, makes the case for expanding implementation of the CPCU Professional Commitment, and Brad Gronke, CPCU, advocates pursuing neurodiverse Society members and insurance professionals. |
| In the first of two connected webinars from the CPCU Society's Underwriting Interest Group, industry leaders in cybersecurity and cyber insurance will share their thoughts about the need for expanded underwriting and pricing approaches to effectively insure against ever-changing cyber exposures. Attendees will be provided with insights around various changes that are being monitored and acted upon with respect to cyber exposures, coverages and underwriting/pricing challenges. In Part 2, the discussion will shift to underwriting challenges. Key takeaways from this webinar will include: Greater understanding of how cyber exposures have changed over time and a view of how the industry how reacted to those changing exposures based on adjusting coverages and underwriting/pricing practices. | Cyber Exposure & Coverages, Part 1: Underwriting Approaches | 147 | In the first of two connected webinars from the CPCU Society's Underwriting Interest Group, industry leaders in cybersecurity and cyber insurance will share their thoughts about the need for expanded underwriting and pricing approaches to effectively insure against ever-changing cyber exposures. Attendees will be provided with insights around various changes that are being monitored and acted upon with respect to cyber exposures, coverages and underwriting/pricing challenges. In Part 2, the discussion will shift to underwriting challenges. Key takeaways from this webinar will include: Greater understanding of how cyber exposures have changed over time and a view of how the industry how reacted to those changing exposures based on adjusting coverages and underwriting/pricing practices. |
| In the second of two connected webinars from the CPCU Society's Underwriting Interest Group, cybersecurity/cyber insurance leaders continue a thoughtful discussion of expanding underwriting and pricing approaches - as well as regulatory considerations - around ever-changing cyber exposures. Attendees will be provided with insights around various changes that are being monitored and acted upon with respect to cyber exposures, coverages and underwriting/pricing challenges. Key takeaways from this webinar will include: Greater understanding of how cyber exposures have changed over time and a view of how the industry how reacted to those changing exposures based on adjusting coverages and underwriting/pricing practices. | Cyber Exposure & Coverages, Part 2: Underwriting Challenges | 148 | In the second of two connected webinars from the CPCU Society's Underwriting Interest Group, cybersecurity/cyber insurance leaders continue a thoughtful discussion of expanding underwriting and pricing approaches - as well as regulatory considerations - around ever-changing cyber exposures. Attendees will be provided with insights around various changes that are being monitored and acted upon with respect to cyber exposures, coverages and underwriting/pricing challenges. Key takeaways from this webinar will include: Greater understanding of how cyber exposures have changed over time and a view of how the industry how reacted to those changing exposures based on adjusting coverages and underwriting/pricing practices. |