Blog | Gen Re

Our Perspective

Thinking About the Cognitive Bias of Loss Aversion in Underwriting

By John Thiel |November 29, 2017|English

On the surface it may seem redundant to think that underwriters are averse to loss. After all, our job is to make sure the policies we write for our respective companies earn more in premium than the claims and expense dollars that are paid. Yet, the...
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Nine Questions Mutual Company Directors Should Ask When Assessing Their ERM Culture

By Berto Sciolla|November 12, 2017|English

Every year our Mutual Practice team looks forward to the National Association of Mutual Insurance Companies (NAMIC) Annual Convention. With nearly 2,000 attendees, it is a great opportunity to experience the rich tradition of the mutual insurance industry,...
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Insurance Business Results Through Analytics

By Upendra Belhe |October 17, 2017|English

As insurers implement data analytics to varying degrees, the next stage is already being set. For many it’s doing even more with external data, building even sharper and better pricing models, or looking for the opportunities to implement predictive...
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Bring Out The Brooms: For Mutuals The Key To Success Lies In "Sweeping the Corners"

By Rick Hartmann|September 21, 2017|English

For some, legacies are not important. For mutual companies, legacies matter. With the National Football League (NFL) season underway, I’m reminded of an anecdote that Herm Edwards, ESPN analyst and former NFL head coach, often used to illustrate...
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Life for Mutual Companies after the “Trump Bump”

By Rick Hartmann|September 12, 2017|English

“Show me the money!” Twenty-one years after Jerry Maguire hit movie theaters, that catch phrase continues to transcend generations and industries. In fact for mutual and stock insurers, investment performance continues to be a key driver...
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Gaining Insights Through Data and Analytics Collaboration

By Upendra Belhe |July 19, 2017|English

Disruption, continuous change and uncertainty are a stark reality for P&C carriers today. Digital technologies, data analytics and social media promise to transform the traditional marketplace. It’s an environment where customers’ expectations...
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