Insurance News: 2024 in review

As we bid farewell to 2024 on this remaining Insurance coverage Information Evaluation of the yr, we’re completely satisfied to welcome Cory McAnelly, Assistant Vice President of Enterprise Innovation Technique at Principal, to affix 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 occurring with this know-how within the startup ecosystem and, as a former mental property lawyer for Principal, among the extra attention-grabbing authorized questions these improvements are elevating.

2024 marked the most popular 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 trade is adapting danger administration methods, contemplating protection limitations, new fashions, and investments in sustainability-focused corporations.

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 yr 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 secure and completely satisfied vacation season! We are going to see you in 2024.