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Women in Insurance: Q&A with Nancy Mellard, Chair of The Council of Insurance Agents & Brokers

Chisel AI

The insurance industry has to identify and evaluate diverse talent looking at new skill sets and work experience that, traditionally, were either not utilized or valued during the selection process. This additional lens for selection offers a fresh perspective on talent.

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10 ways AI & Machine Learning can increase insurance revenue.

Advancing Analytics

It was a great opportunity to catch up with the best and the brightest in the Insurance and Brokerage business. There were fantastic talks on the direction of the industry, and one are which is getting a lot of attention it the application of AI and Machine Learning to Insurance. Assessor assistants – Think Hal 9000 but for Insurance!

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So Much Tech, So Little Progress: We Need a Framework for Evaluating Solutions

Chisel AI

Insurance underwriting has come to a crossroads. The digital and information revolution that started a generation ago has now created pain points within insurance that will need to be solved yesterday.

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New NAAIA Report Focuses on Next Steps for DEI in the Insurance Industry

Risk Management Monitor

To that end, the National African American Insurance Association (NAAIA) recently updated its research on its members’ experiences and challenges in the insurance industry, releasing the new study The Next Steps on the Journey: Has Anything Changed?

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Why Crisis Management Planning Should Be On Your To-Do List

Bernstein Crisis Management

Legal and Compliance: For many industries, having a crisis management plan can be a legal or insurance-mandated necessity. Key Components of an Effective Plan Risk Assessment: Identifying and evaluating potential crisis scenarios. Communication Strategy: Ensuring clear, timely communication internally and externally.

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Ransomware Attacks Leave Businesses Around the World Reeling

LAN Infotech

Insurance carrier. On the other hand, the insurance carrier will determine whether the safety of the coverage is applicable under the existing cyber insurance policy. Involving your insurer from the beginning is critical because the insurance company is the one that will approve the offer to pay ransom to the hacker.

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Identifying and Preventing Provider Fraud in Workers Comp Cases

Risk Management Monitor

In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums. Now, a lesser-known type is occurring with greater frequency: provider fraud.