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HomeinsuranceInsurance coverage Information: 2023 in assessment | Insurance coverage Weblog

Insurance coverage Information: 2023 in assessment | Insurance coverage Weblog

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As we bid farewell to 2023 on this last Insurance coverage Information Evaluation of the yr, we’re blissful to welcome Cory McAnelly, Assistant Vice President of Enterprise Innovation Technique at Principal, to hitch as we delve into what made the headlines this yr.

We begin with a recurring theme: generative AI. Cory brings his perspective on the place he sees the innovation taking place with this know-how within the startup ecosystem and, as a former mental property legal professional for Principal, a number of the extra fascinating authorized questions these improvements are elevating.

2023 marked the hottest yr on report, and insurers are grappling with the unpredictability of claims as a result of catastrophic occasions linked to local weather change. We speak about how the business is adapting threat administration methods, contemplating protection limitations, new fashions, and investments in sustainability-focused corporations.

Journey is again—not simply as a result of holidays. We discuss in regards to the state of journey insurance coverage and alternatives to innovate to supply proactive and personalised protection. We additionally contact on the yr in crypto and the way insurers’ views on this and different metaverse-related subjects have advanced.

Lastly, what would the vacations be and not using a few reindeer video games? Watch as Cory challenges his buddy and mentor Bruce Hentschel, who joined us in November, to see who will get extra views.

Have a secure and blissful vacation season! We’ll see you in 2024.

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