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Show Me the Money
Multiple
June 06, 2022
Autonomous Vehicles – A Revolutionary Look at Insurance
Multiple
May 24, 2022
Introducing! The Versatility of Hybrid Captives!
Rob Walling
May 04, 2022
Saving Scott's Ridge
Rob Walling
April 22, 2022
Being a Trusted Business Advisor
Art Randolph
March 24, 2022
Turning “You Can’t” Into “I Will”
Luann Anderson
March 08, 2022
5 Ways to Move Forward When You Feel Like Giving Up
Steve Jagodzinski
February 17, 2022
2021: Year of the Employee
Joe Herbers
December 30, 2021
Business Interruption Coverage for Captives in a Post-Covid World
Nick Gurgone
November 11, 2021
Data Issues: Frequent Problems and Your Solutions
Multiple
November 08, 2021
The Language of Consulting
Danny Linton
September 23, 2021
New Approaches, Old Method: Predicting IBNR with Machine Learning
Multiple
September 16, 2021
Reptile Theory Leading to More Nuclear Verdicts in the Trucking Industry
Multiple
September 15, 2021
Belonging is an Outcome
Dalesa Bady
September 01, 2021
4 Ways Insurance Companies Can Help Protect the Planet
Multiple
July 20, 2021
How the Rising Price of Lumber Could Impact Homeowners Insurance
Jordan Paszek
June 30, 2021
Changing Hearts and Minds
Joe Herbers
June 28, 2021
Will Artificial Intelligence Reshape Insurance and the Actuarial Profession Along with It?
Mitch Caster
June 23, 2021
Simplifying the Message
Travis Murnan
May 24, 2021
From Student to Mentor
Pinnacle Blog
May 17, 2021
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Cybersecurity
Amanda Conklin
•
June 17, 2019
Posted in:
Blog Posts
,
Cyber
During the recent Pinnacle University event, I discussed the growing challenges of the cybersecurity industry in today’s evolving technological world. The importance of advanced measures and practices and how actuarial modeling techniques can be applied to the cybersecurity industry were also discussed.
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Tags:
Predictive Analytics
,
Cybersecurity
,
Cyber Risk
,
cyberattacks
Risk Goes to College
How Do Universities Insure Themselves?
Multiple
•
June 13, 2019
Posted in:
Blog Posts
,
Captives
,
ERM
Pinnacle University is an annual event hosted by Pinnacle Actuarial Resources, Inc., where analysts and actuarial science students from various universities collaborate to research and present on a relevant topic in the insurance industry. This year, our group explored how universities obtain insurance.
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Tags:
Pinnacle U
,
Risk
,
ERM
,
Group Captive
CAT Modeling and Wildfires
Multiple
•
June 11, 2019
Posted in:
Blog Posts
,
ERM
,
Insurance / Insurers
,
News
The 2018 news cycle was flooded with disturbing images of roaring fires in California. These wildfires were cataclysmic in scale and severity. Even more concerning is that the 2018 severe wildfire season was preceded by an awful 2017 season, which was the worst in recorded history until it was outdone by 2018. These events are troublesome and seem to be increasing in frequency. How can we in the risk management industry account for these seemingly worsening risks?
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Tags:
Hurricane
,
California fires
,
CAT modeling
Reflections on the 2019 DCIA Spring Forum
Michael Paradiso
•
June 10, 2019
Posted in:
Blog Posts
,
Captives
,
News
The Delaware Captive Insurance Association (DCIA) held its Spring Forum May 7-8 at the Chase Center in Wilmington, Delaware. Captive service providers, captive owners and Delaware’s captive regulators gathered in attendance for sessions covering a range of relevant topics. The conference carried regulation as its unofficial theme, perhaps not unexpectedly, with each session analyzing a different aspect or angle. The impact of politics on captive regulatory decisions, the legal hurdles of insuring the key players of the cannabis industry, and the various state-specific treatments of self-procurement tax were a few of the topics covered.
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Tags:
Captives
,
Delaware Captive Insurance Association
,
DCIA Spring Forum
,
regulation
The Evolving Role of AI in Insurance
Multiple
•
June 06, 2019
Posted in:
Blog Posts
,
Pricing & Product Management
Today, insurance is more competitive and more accurately priced because of better data, computing power, customization and emerging technology. Lytx (formerly DriveCam) records 30 seconds before and after a crash. These recordings can be used to prove innocence or guilt in most cases, saving insurance companies millions in litigation costs. The insurtech boom caught many insurance companies off guard. When they did not adapt quickly enough, they lost a significant portion of their competitive position. New approaches to claims adjusting, premium pricing and underwriting will continue to arise. The best chance insurance companies have to remain relevant is to develop unique technologies and rating variables to outprice the competition.
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Tags:
UBI
,
insurtech
,
Artificial Intelligence
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risk transfer
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