Digital Insurance

Digital Insurance is excited to announce its annual list of 2024 honorees for Women in Insurance Leadership, Women in Insurance Leadership: NEXT, and Women in Insurance Leadership Lifetime Achievement Awards. Now in its 18th year, our Women in Insurance Leadership Award shines a spotlight on the most tech-savvy pioneers and forward-thinking visionaries in the insurance sector. The honorees for Women in Insurance Leadership are: ⭕ Tracey Cournoyer, Chief Information Operations Officer of Bond & Specialty Insurance, Travelers ⭕ Lauren Dieterich, Chief Operating Officer, Arch Insurance Group Inc. Company North America ⭕ Ruchi Haubrich, AVP, IT Engineering, The Hartford ⭕ Tatjana Lalkovic, Sr. VP & Chief Technology Officer, Definity ⭕ Michelle McLaughlin, EVP, Middle Market Chief Underwriting Officer, Chubb ⭕ Amy McNeece Mitchell, SVP, Digital Consumer Partnerships, Chubb ⭕ Catherine Myers, COO, reThought Flood ⭕ Ashley Phillips, Senior President of Operations, A-MAX Insurance Services, Inc. ⭕ Kristine Poznanski, EVP, Head of Global Business Solutions, MetLife ⭕ Jennifer Riley, EVP, Head of Digital Strategy & Operations, Chubb ⭕ Megan Sharpe, MBA, VP, DTC Media & Strategy, Gerber Life Insurance Company Women in Insurance Leadership: NEXT was launched in 2019 as an expansion to this recognition program by commemorating up and coming leaders in the industry. The honorees for Women in Insurance Leadership: NEXT are: ⭕ Brittnie Bordonaro, VP, Head of Corporate Communications, Protective Life ⭕ Lauren McKinzie, Operations Manager, Obie ⭕ Sarah Tomaro, Director of Operations Analysis and Reporting, Openly ⭕ Kendra Werkheiser, Software Engineering AVP, Travelers ⭕ Danielle Mayo Wyman, VP of Product & Strategy, Openly Finally, this is the first year we are awarding the Women in Insurance Leadership Lifetime Achievement Award to recognize women who have made significant contributions to the insurtech industry in general, and to her company and team in particular. She is a leader, mentor, encourager, trailblazer and much more. This year’s inaugural honorees are: ⭕ Cilsy Harris, Senior Vice President & Chief Information Officer of Insurance & Service Applications, The Hanover Insurance Group ⭕ Jill Francis, EVP, NA Field Ops Marketing & Distribution Management, Chubb All of this year’s honorees will be recognized at the Women in Insurance Leadership Conference on June 26, 2024, at The Boca Raton Resort, FL. Conference registration is open to everybody in the industry while an invite-only awards dinner that evening will provide recipients with a new opportunity to connect and celebrate each other’s achievements. Read more about the honorees and register for the conference here: https://bit.ly/3WDhUN2 #WILevent

Financial Planning names the top AI tools chosen by wealth leaders. https://bit.ly/3LkzrCY #technology #AI #ChatGPT

Taffy Jo Mayers and Patrick Anderson-Higgins of WTW see benefits for a united insurance industry in a digital marketplace including product development, fraud prevention and model accuracy. https://bit.ly/4cB2DBr #insurtech #insurance #datamanagement

Highlights from #DIGIN2024 included Ashley Phillips of A-MAX Auto Insurance on AI, Stephen J. Crewdson, CPCU of J.D. Power on the customer experience, and Peilin Corbanese of EXL on upskilling and Gen AI tools. https://bit.ly/3WgE0En #AI #insurtech #GenAI #insurance

Navigating the increasing severity and frequency of natural disasters requires a transformative approach for P&C insurers. New strategies include automated event response capabilities, understanding new trends in claims, leveraging advanced analytics and ensuring seamless data licensing with third-party providers. Read more about how the industry is preparing for hurricane season here. https://bit.ly/3LhIJPZ #insurance #climatechange

Certa.AI CEO and founder Jag Lamba calls attention to the EU Digital Operational Resilience Act requiring insurers that provide services in the EU or partner with EU-based firms to build risk management frameworks. DORA specifies that there be mechanisms in place to handle and report in a timely fashion ICT-related incidents, and policies that direct employees on what to do in such a scenario, Lamba writes. https://bit.ly/4bvFnn6 #cybersecurity #DORA #ITsecurity

Insurers voiced their support for the California Department of Insurance proposed sustainable insurance strategy, while advocates criticized it as lacking. “It's not clear to us how an insurer can meet a commitment to achieve 85% of its statewide market share within two years, or maintain 85% of its market share for three years, if the defined distressed area is changing every year,” said Seren Taylor, vice president of the Personal Insurance Federation of California. https://lnkd.in/en8bum6D #insurance #wildfires #climatechange

CCC Intelligent Solutions finds that more frequent and severe storms are resulting in a surge of higher auto insurance claims costs and longer repair times. "Extreme weather events are increasing in severity, becoming major disruptors in the auto claims and repair industry," said Kyle Krumlauf, director of industry analytics at CCC and co-author of Crash Course, in a press release statement. https://bit.ly/3WbMTiE #autoinsurance #climatechange

Profiles of those honored at the June 26 Women in Insurance Leadership event. https://bit.ly/3VVFToP Plus NEXT honorees https://bit.ly/3VVG3wr and lifetime achievement awards https://bit.ly/4eTrXnI #WIL2024 #insurtech #womeninbusiness #leadership

Insurtech news roundup features developments from Zurich Insurance, Aon, Mercury Insurance, Cytora, COUNTRY Financial®, Tint and more. https://bit.ly/4bvuHoy #insurtech