A.M. BestTV: Asia Insurers Building Technology-Based Bridges to Customers
Technology, disruption and innovation are the challenges looming over the ever-changing insurance landscape in
“There are tremendous opportunities for this industry on a number of fronts,” said
However,
“From the threat side, I believe it is important to understand some of the unintended consequences that can arise around data privacy and around the importance of understanding what a company can and cannot do with an individual’s data,” said Burr. “There has to be an ownership in the industry to act responsibly with what is done with this technology.”
Other people that appear in this episode:
Recent episodes of A.M.BestTV include:
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Ankur Agrawal , head of data innovation lab,Asia , AXA; -
Ian Brimecome , senior managing executive officer and executive chairman, Tokio Marine Holdings, Inc; -
Michael Gourlay , director and chief executive officer, MSIG Singapore; and
-
Dave Matcham , chief executive,International Underwriting Association .
For full coverage of the summit, including exclusive executive interviews, visit www.ambest.tv/ceo17.
- How Insurance Impairment Data Affects Credit Risk:
A.M. Best analysts explain the latest impairment rate and rating transition study and the role it plays in evaluating risk: http://www.ambest.com/v.asp?v=impairment117. - How Artificial Intelligence Is Remaking the Insurance Industry: The impacts of escalating data analysis capabilities are being seen first in personal and commercial lines, as well as life insurance and group benefits, a new study reports. Artificial intelligence is making some jobs obsolete but expanding the capabilities and effectiveness of others: http://www.ambest.com/v.asp?v=ai217.
- Directors and Officers Market Stands Up to Surge in Securities Litigation: Insurers at the PLUS Directors and Officers Liability Symposium in
New York City said they saw the highest number of securities-related lawsuits in 2016 since the financial crisis, and added that the market remains soft with competitive prices and plentiful availability: http://www.ambest.com/v.asp?v=plus217. - Former AIG Chief Executive Officer Greenberg: I’m Disappointed in the
New York Attorney General’s Press: In a wide-ranging briefing,Maurice R. Greenberg , former head of American International Group, Inc. and current head ofC.V. Starr & Co. , lashes out at a statement by theNew York Attorney General that Greenberg admitted to participating in accounting fraud: http://www.ambest.com/v.asp?v=settlement217.
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