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Insurance coverage Information: 2023 in evaluate | Insurance coverage Weblog

Insurance coverage Information: 2023 in evaluate | Insurance coverage Weblog

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As we bid farewell to 2023 on this ultimate Insurance coverage Information Evaluation of the 12 months, we’re glad to welcome Cory McAnelly, Assistant Vice President of Enterprise Innovation Technique at Principal, to hitch as we delve into what made the headlines this 12 months.

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 attention-grabbing authorized questions these improvements are elevating.

2023 marked the hottest 12 months on document, and insurers are grappling with the unpredictability of claims attributable to catastrophic occasions linked to local weather change. We discuss how the business is adapting danger administration methods, contemplating protection limitations, new fashions, and investments in sustainability-focused firms.

Journey is again—not simply because of the holidays. We discuss concerning the state of journey insurance coverage and alternatives to innovate to supply proactive and customized protection. We additionally contact on the 12 months in crypto and the way insurers’ views on this and different metaverse-related matters have developed.

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

Have a protected and glad vacation season! We’ll see you in 2024.

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