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How Insurers Can Use Behavioral Economics Approaches to Make Improvements – Bringing BE to the Forefront
By Keith Brown and Heidi Alpren Oct 07, 2021 English
At Gen Re, we often talk about ways to actively utilize Behavioral Economics (BE) approaches – in fact, one of our favorite catchphrases is “putting BE into action.” Implementing these important tools can help insurers in many ways, from developing effective...
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Peering Into the Crystal Ball – What Will Social Inflation Hold for the Future? [Part 5 of 5-Part Series]
By Tim Fletcher and Andrew Pauley, Government Affairs Counsel at NAMIC (guest contributor) | Sep 08, 2021 English
This is part five of our five-part series – in partnership with NAMIC – examining social inflation and its impact on insurers. As society continues its halting emergence from the COVID‑19 pandemic, court activity has resumed. With that activity has come...
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Social Inflation – A Claims Perspective [Part 4 of 5-Part Series]
By Glenn Frankel and Tim Fletcher and Andrew Pauley, Government Affairs Counsel at NAMIC (guest contributor) | Jul 28, 2021 English
This is part four of a five-part series – in association with NAMIC – examining social inflation and its impact on insurers. Part five will cover Emerging Issues. Social inflation is seemingly being discussed everywhere, from news articles to conferences...
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Improving Accelerated Underwriting Results by Putting Behavioral Economics Into Action
By Heidi Alpren Jul 19, 2021 English Español
Over the past several years, the concept of Behavioral Economics has turned mainstream, even as it challenges the very foundation of traditional economic thinking by introducing the concept of dual system thinking (“fast” and “slow”). Behavioral Economics...
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