Carrier Management

💯 https://lnkd.in/g9TvYdzf 💯 In this special 100th episode of the Insuring Cyber podcast with Elizabeth Blosfield, tune into an exclusive interview with the three cofounders of InsurTech Cowbell— CEO Jack Kudale, Chief Operating Officer Trent C., and Chief Product Officer Rajeev G.. Together, they share Cowbell's startup origins and its mission to revolutionize cyber insurance for small and medium-sized enterprises, as well as the personal journeys that inspired them to tackle the complexities of the cyber insurance field. From Kudale’s farm roots and vision for cross-industry innovation to Cooksley’s expertise in insurance technology and Gupta’s technical focus on risk quantification, the trio shares insights on how Cowbell leverages advanced data and AI to redefine cyber underwriting. Alongside celebrating Cowbell's five-year anniversary, this episode explores how their shared vision is empowering SMEs to address cyber risks and how other startup leaders can thrive in the cyber risk space. To sign up or apply to be a speaker for our InsurTech Summit 2025, visit theinsurtechsummit.com! A special thank you to everyone at Wells Media Group, Inc., Andrea Wells, Josh Carlson, Susanne Sclafane, and Julie Tinney for the support of the podcast! 💯 https://lnkd.in/g9TvYdzf 💯 #insurance #cyber #podcast

🚨 https://lnkd.in/g93NiZre 💻 Join Insurance Journal's expert panel on March 18, 2025, at 10:00 AM (Pacific)/1 PM (Eastern) for an in-depth discussion on the escalating costs and legal challenges of data breaches. Hosted by Carrier Management's Elizabeth Blosfield, learn how cyber insurance can mitigate financial exposure and discover essential cybersecurity measures to reduce potential liabilities. Reserve your spot today to stay ahead in the evolving landscape of data breach settlements! The panelist include Polly James, Vice Chair of Public Policy Committee at RIMS (Risk and Insurance Management Society, Inc.), Courtney Hans, MBA, Vice President, Cyber Services at AmTrust Financial Services, Inc., Tiffany Calhoun, CPCU, RPLU, CPLP, ARM, Regional Product Leader – Deputy Head of Cyber, Tech & Media at Allianz Commercial, and Dan Burke, Senior VP, National Cyber Practice Leader at Woodruff Sawyer. Sign up for free today at https://lnkd.in/g93NiZre

Continuing a trend that’s persisted for several quarters, the latest Insurance Labor Market Study from Jacobson Group and Aon finds a big gap between the percentage of carriers expecting to boost top lines and those anticipating staff growth. https://lnkd.in/gFQ9Y3Br

The editors at Carrier Management view claims adjusting as a very human job. The job of a catastrophe claims adjuster, in particular, requires empathy, critical decision-making and constant emotional engagement. And the emotional demands of the role can produce an all-too-human form of burnout—compassion fatigue. Insurance company claims team leaders: How do you recognize when your claims team members are dealing with emotional stress from working with people in crisis or secondary trauma? How do you help them cope? Claims professionals: What self-help tips do you have for your colleagues? DM CM Editor Susanne Sclafane or Kimberly Tallon if you would like to share your experiences, advice—or both—for a feature Kim is putting together. https://lnkd.in/gxm5Y3Wp

#Insurance industry impact in the spotlight

The recent Los Angeles, California, fires drove home how dangerous wildfires can be when they encroach on urban areas. So-called ‘wildland-urban interface’ fires are on the rise but building codes and standards have long been based on fires that spread from building to building. To address this a professor has updated international standards for large outdoor fires. https://lnkd.in/gH2sny29

State Farm General Insurance revealed that it has asked the California Department of Insurance to approve an “interim emergency” homeowners insurance rate hike, citing declining capital and a potential downgrade as reasons. https://lnkd.in/gCQQdyjb

Years before the January 2025 Palisades and Eaton fires sparked in high-wind conditions in Southern California, growing to rank among the top three most destructive in U.S. history, InsurTechs focused on insurance coverage issues for wildfire-prone regions. Executives of three—Delos Insurance Solutions, Kettle and Faura—shared their perspectives on the peril overall and discussed how the latest fires could affect insurance moving forward during interviews that took place before the fires were contained. https://lnkd.in/gCuMpH27

How Black Boxes Hold Vital Clues to Air Disaster https://lnkd.in/gtZiUQeG

E&S property insurance market conditions were a recurring talking point on two recent earnings conference calls, but the leaders of specialty insurers offering commentary were not perfectly in lockstep in their assessments of the competitive landscape. https://lnkd.in/gBJsrVur