Viewing entries written by Mark Breading
How My View of ChatGPT Changed in 90 Days… And What It Means For Insurance
When I was asked in late 2022 and early 2023 about the implications of generative AI for insurance, my reply was always two-fold. First, I advised that it is absolutely a technology space to monitor closely, given the rapid advancement, broad application, and unlimited potential.
Commercial Lines Distribution: Agencies and Carriers Diverge on Digital Investment Priorities
It’s not uncommon for agents/brokers and carriers to express frustration with one another. For many risks, especially those more complex, agents are prone to gripe about carriers’ submission process, which is often laborious and requires a lot of back and forth with the underwriter.
Tags: Distribution
Commercial Insurers are Approaching Strategic Initiatives Differently
If you were to ask us to describe the transformational activity of commercial lines insurers in the past few years, acceleration would be the first word to come to mind. But in 2023, another word may be more accurate—adapting.