This series provides the latest information on industry trends and emerging issues and their impacts on underwriting. Topics will range from technology, sales, workers comp, product development, loss control, hot topics, cyber liability, and extreme weather. With a diverse agenda and multitude of sessions, this series provides an outstanding opportunity to educate the entire underwriting team.
Recognizing that one size does not always fit all, NAMIC has created flexible registration options for your organization. You have the option to register for individual webinars, the full Underwriting Series, or a Company Pass, which gives you access to all six 2022 webinar series. Individual sessions will be listed below as they are confirmed.
All webinars will air at 2 p.m. ET and will be available on-demand to view at your convenience within 24 hours of the live airing. All registered attendees have access to the on-demand recordings for up to one year.
Register for the 2022 Company Pass Register for the Underwriting Series Register for Individual Webinars
This session will provide an overall economic outlook of the property/casualty insurance industry. This session will include a high-level look at industry trends and disrupters. The always-popular Robert Hartwig, Ph.D., will provide important insights that will help you manage your company’s risk.
Director, Center for Risk & Uncertainty Management
University of South Carolina
This webinar will teach you what ransomware is, why ransomware is harmful and the best practices you can implement to avoid ransomware attacks.
Director, Program Underwriting
Tokio Marine HCC
This session will explore trends in auto insurance before, during, and after the COVID-19 pandemic by using data on auto exposures, driver age, miles driven, and driving and working habits. Attendees will learn how different rating plans, including usage-based models, handled the changes and how insurance professionals can better account for unexpected events going forward. It also discusses the hidden impacts COVID-19 will have on rate adequacy on the personal auto market. Given the reduced driving frequency, few people would have experienced their expected number of violations and/or accidents. The session will delve into the rating parameters, especially experience based parameters, to see the impact on personal auto adequacy and profitability.
Vice President, Head of Pricing & Growth Analytics
Xceedance Inc.
Co-Founder and Chief Executive Officer
TNEDICCA
Managing Personal Lines risks is always evolving and is not as simple as model builders suggest. Individuals continue to push the boundaries when it comes to activities that generate income, generate a bigger voice, or use technology to make life easier. Join us as we discuss the emerging exposures that most concern us in Personal Lines.
Manager, Risk Data & Analytics
WSRB
Chief Experience Officer and Vice President, Risk Data & Analytics
WSRB
The session will review the history and trends of cybersecurity insurance and describe/quantify the challenges in the line of business, including examples of companies that have suffered from ransomware. The presentation evaluates solutions for the challenge of rate-making for cyber coverages and increases the understanding of the hazards and exposures and controls to mitigate losses.
Senior Vice President, Head of Global Solutioning & Business Process Consulting
Xceedance Inc.
Vice President, Head of Pricing & Growth Analytics
Xceedance Inc.
So much of the focus in underwriting departments has been on moving teams into the age of low-touch underwriting. But are you getting all you can out of your underwriting staff? As technology, data, and analytics are incorporated into the underwriting process, opportunities exist to better position underwriters to influence agents and internal partners. This session will detail how to evaluate current underwriting practices, how to proactively improve processes, how to better partner with the sales team, and how to find balance between streamlining underwriting workflow, identifying evolving risks, and creating a holistic portfolio-management strategy.
Learning Objectives:
Senior Consultant, Insurance Product Management
TransUnion
Vice President, Personal Lines Underwriting
Ohio Mutual Insurance Group
According to U.S. government agencies, agritourism (also known as “agritainment”) is approximately a billion-dollar annual market. This evolved farm business model offers multiple opportunities for human interaction and visitor engagement, which tend to attract more visitors and change the risk environment for farm operations. Farm operations are also employing new technologies designed to deliver greater yields and profits. With new attractions and technologies, new risks present themselves. This session will review the various challenges insurers may face in providing effective coverages for today’s Farms.
Farm Product Developer
Verisk
Principal, Personal Property Product Development
ISO
This session will review the underwriting process, specifically regarding named insureds. It will detail underwriting considerations for named insureds and tools for underwriters. It will also discuss who should and shouldn't be listed as named insureds and review how those listed as named insureds can impact claims.
President
Wisconsin Association of Mutual Insurance Companies
Insurers may face new risk exposures across the personal lines space as the legal regime around cannabis continues to evolve at the state level. Is recreational cannabis an opportunity for growth? Or is it a risk that exceeds your appetite? Join this session to learn how underwriters can flexibly address the growing marijuana market.
Principal, Personal Property Product Development
ISO
The times are a ‘changing. Insurers may face new risk exposures across the commercial lines space as the legal regime around cannabis continues to evolve at the state level. Is recreational cannabis an opportunity for growth? Or is it a risk that exceeds your appetite? What about CBD? Join this session to learn how underwriters can flexibly address the growing marijuana market.
Product Development Lead – Commercial Casualty
Verisk
Emerging Issues Product Manager
Verisk
Hosted by Christen Kelly, this panel of agencies (TBD) will share valuable insights and expectations around commercial lines including what’s working well and what’s not working at all in the commercial lines process.
Director, Data and Lead Resources
INSURICA
Director of Marketing
IVANS Insurance Solutions
Director, Project Management
Horton Group
Evaluating an organization's strategy, context, and capabilities provides insights about the amount of risk an organization is willing to take in commercial lines. The risk appetite framework can be used to develop commercial target markets. Join this session to learn how to research target markets, apply the risk appetite framework, and develop strategies to monitor and adjust to enhance success.
Senior Vice President & Chief Risk Officer of Corporate Services
American Agricultural Insurance Company
Commercial catastrophe modeling – first introduced by Karen Clark – has been around for more than 30 years. For much of that time, cat modeling has focused on using history to predict the future. That is no longer enough for the insurance industry, especially given stakeholders’ increased focus on the impacts of climate change. This session will provide an overview of catastrophe modeling and dig into how climate change is impacting the current and future views of risk.
Senior Director
Karen Clark & Company
Director, Model Development
Karen Clark & Company
Mutual insurers are increasingly looking for ways to innovate, whether it’s through the back-office innovation, customer experience improvements, or big data deployment. When it comes to the customer experience, we have seen a growing number of insurance companies go beyond the policy, broadening their scopes of service. In doing so, they are looking for high-touch programs that generate regular, positive interactions with policyholders. These create positive engagement and help insurers differentiate their coverages. This session will look at how three mutuals have recently introduced these programs by leveraging insurtech services for increased policyholder engagement. The session will also identify how the product development and filing processes worked as well as the challenges they faced.
Founder & CEO
Epoq Inc.
An insurance company’s risk appetite is established in the underwriting department. Property/casualty underwriters have survived the test of time by being agile in an ever-changing regulatory and technological environment. As the pace of change in both domains accelerates, the ability to survive and maintain a competitive position may rest on the ability to adapt to emerging technologies within the artificial intelligence and machine learning spaces. This session will address the impacts of AI and ML on insurance underwriting by examining the massive amounts of data being created and consumed by the carriers. This session will also address steps the industry should consider to proactively develop the right talent and technology infrastructure to effectively respond to changing market landscapes.
Property Underwriter
USAA
This session will look at trends in building costs, resulting increases in repair costs, lags in claim settlements, and increases in loss-of-use claims. It will also explore the process and credibility of predictions of insurance building cost models.
Senior Vice President
e2Value
This session will provide information about how the changing work environment has impacted workers’ compensation. The session will discuss the exposures changes in this class of business. An Illinois-based workers’ compensation attorney who has worked with unusual cases will join this session to share real world, first-hand experience with attendees. Insights learned in this session can be applied to the management and underwriting of future contingent events.
Vice President, Reserving and Claim Analytics
Xceedance Inc.
Founding Member
Klauke Law Group, LLC
Senior Vice President, Head of Global Solutioning and Business Process Consulting
Xceedance Inc.