AdvantageGo

𝗣𝗿𝗲 𝟭/𝟭 𝗥𝗲𝗻𝗲𝘄𝗮𝗹𝘀: 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗟𝗶𝗯𝗲𝗿𝘁𝘆 𝗠𝘂𝘁𝘂𝗮𝗹 𝗥𝗲’𝘀 𝗗𝗶𝗲𝘁𝗲𝗿 𝗪𝗶𝗻𝗸𝗲𝗹 In the latest Voice of Insurance podcast, Dieter Winkel, President of Liberty Mutual Reinsurance, shares insights ahead of the 1/1 renewal season. With $3 billion in gross written premium globally, Winkel emphasises stability, discipline, and long-term thinking in today’s evolving reinsurance landscape. From pricing corrections to the growing impact of floods, Winkel discusses emerging risks and market dynamics, highlighting the need for proper products and pricing to address future challenges. Listen to the full discussion: https://bit.ly/4iEjtTz #Reinsurance #InsuranceInsights #FloodRisk #EmergingRisks #VoiceOfInsurance

𝗪𝗵𝗮𝘁 𝗿𝗶𝘀𝗸 𝗺𝗮𝗻𝗮𝗴𝗲𝗿𝘀 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗦𝗼𝘂𝘁𝗵 𝗞𝗼𝗿𝗲𝗮 𝗮𝗻𝗱 𝗺𝗮𝗿𝘁𝗶𝗮𝗹 𝗹𝗮𝘄 https://lnkd.in/eXJSwNjy Interesting piece from Strategic Risk on what risk managers needed to know following the declaration of martial law in South Korea. Strong scenario planning, a review of business continuity protocols and operational flexibility are all needed. Importantly, it is essential to work closely with insurers to confirm that political risk coverage is sufficient to address scenarios involving sudden governmental actions. Political risk is an area of technological insurance expertise for AdvantageGo. We realizsd that historically, controlling challenging exposures in insurance across different business lines was achieved through separate technology-based platforms. Many of these systems didn’t connect or speak with each other, which meant that carriers never really got the full picture of their exposure landscape, leaving them exposed to potential losses and missed market opportunities. This is why we built Exact. Exact, AdvantageGo’s exposure management software, enables carriers to manage the full spectrum of exposures against any peril or line of business, including pandemic exposures, trade credit and political risk exposures.

𝗖𝘆𝗯𝗲𝗿 𝗥𝗼𝘂𝗻𝗱𝘁𝗮𝗯𝗹𝗲 𝗦𝗲𝗿𝗶𝗲𝘀: 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗘𝘅𝗽𝗲𝗿𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 Cyber threats are evolving faster than ever. How can insurers keep up, and what new challenges are emerging on the horizon? Our Cyber Roundtable Series brings together industry leaders who share their insights on the most pressing questions in cyber underwriting today. From the increasing severity of cyber risks to the impact of state-sponsored attacks, this series covers it all. Get a Sneak Peek: ▶️ Discover key insights from experts at Mosaic Insurance, CyberCube, Sompo International, and AdvantageGo. ▶️ Learn how data intelligence and proactive strategies can help you stay ahead of cyber threats. Ready to explore the future of cyber underwriting? Watch the Full Roundtable Session Here: https://bit.ly/3Yje8ZL #CyberSecurity #CyberRisk #InsurTech #Underwriting #RiskManagement #AdvantageGo

𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝘂𝗻𝗱𝗲𝗿𝘄𝗿𝗶𝘁𝗶𝗻𝗴 𝘄𝗶𝗹𝗹 𝗴𝗿𝗼𝘄 𝘀𝘂𝗯𝘀𝘁𝗮𝗻𝘁𝗶𝗮𝗹𝗹𝘆 𝗼𝘃𝗲𝗿 𝗻𝗲𝘅𝘁 𝗱𝗲𝗰𝗮𝗱𝗲 Enhanced underwriting is a critical evolution in the insurance landscape and is set to grow over the next decade, a survey of London market participants has said. A report from consultancy Oxbow Partners carried out an in-depth exploration of enhanced underwriting, and included the survey which covered 55 organisations representing 77% of the Lloyd's market. The survey revealed that 35% believe enhanced underwriting will have a rapid expansion and 65% expect gradual adoption. Insurance Business reported that Oxbow Partners categorised four core models of underwriting: • Augmented underwriting: Human underwriters enhanced by algorithmic tools and risk insights. • Pure algorithmic underwriting: Fully automated, human-free underwriting processes. • Digital and algorithmic broker facilities: Automated facilities enabling dynamic risk appetite adjustments. • Active portfolio trackers: Focused capacity allocation on outperforming portfolios through consortia or quota shares. Oxbow Partners Greg Brown said enhanced underwriting ‘could reshape the dynamics of capacity allocation, and the slip of the future may look significantly different’. The latest technological developments in underwriting are followed closely by AdvantageGo. In The Voice of Insurance podcast on November 29, Nick Line, Markel International’s chief underwriter, has a vision of the tech-and-data-empowered underwriter. In the world of enhanced underwriting, Lane says underwriters want a “single pane of glass” underwriting workbench approach, rather than multiple systems, building “a slick experience, from beginning to end”. To listen to the podcast, click here - https://lnkd.in/gPCjePEA

𝗡𝗲𝘄 𝗕𝗶𝗴 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻 𝗕𝗹𝗼𝗴: 𝗖𝗮𝗻 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗺𝗲𝗲𝘁 𝘁𝗵𝗲 𝗱𝗲𝗺𝗮𝗻𝗱𝘀 𝗼𝗳 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝗴𝗿𝗼𝘄𝘁𝗵? 🌱⚡   The renewable energy boom is driving massive investment, but can insurers keep pace with the evolving risks and new technologies? Alan Tucker, Global Head of Crawford's Renewable Energy Practice, highlights the need for industry-wide collaboration and a bold approach to underwriting.   “If the world is to meet its targets for renewable energy, it will require a tenfold increase in current output over the next 25 years,” says Tucker. The challenge: adapting to new tech, filling skills gaps, and managing climate-related risks.   🔗 Read the full blog here - https://bit.ly/3Bsb6d1 #RenewableEnergy #Insurance #RiskManagement #Sustainability #EnergyTransition

𝗚𝗹𝗼𝗯𝗮𝗹 𝗶𝗻𝘀𝘂𝗿𝗲𝗱 𝗰𝗮𝘁𝗮𝘀𝘁𝗿𝗼𝗽𝗵𝗲𝘀 𝘁𝗼 𝗲𝘅𝗰𝗲𝗲𝗱 $𝟭𝟯𝟱𝗯𝗻 - 𝗦𝘄𝗶𝘀𝘀 𝗥𝗲 https://lnkd.in/eFSZKn5d Global insured catastrophes are on track to exceed $135bn by the end of 2024, according to Swiss Re. It is the fifth consecutive year when the insurance market has dealt with losses of over $100bn, according to a report from Artemis. The continuing and severe nature of catastrophes was forecasted in May by experts from the University of Pennsylvania. Full details of the prediction can be read here in a blog, on our content hub - https://lnkd.in/gaAW-fdQ

𝗖𝘆𝗯𝗲𝗿 𝗥𝗼𝘂𝗻𝗱𝘁𝗮𝗯𝗹𝗲 𝗦𝗲𝗿𝗶𝗲𝘀: 𝗘𝘅𝗽𝗲𝗿𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗬𝗼𝘀𝗵𝗮 𝗗𝗲𝗟𝗼𝗻𝗴 𝗧𝗼 𝗪𝗵𝗮𝘁 𝗘𝘅𝘁𝗲𝗻𝘁 𝗮𝗻𝗱 𝗪𝗶𝘁𝗵 𝗪𝗵𝗮𝘁 𝗦𝗲𝘃𝗲𝗿𝗶𝘁𝘆 𝗛𝗮𝘀 𝗧𝗵𝗲 𝗖𝘆𝗯𝗲𝗿 𝗧𝗵𝗿𝗲𝗮𝘁 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱? In this snippet, Yosha DeLong from Mosaic Insurance offers a candid look at the rapid escalation of cyber threats and what it means for insurers today. Yosha sheds light on how the evolving threat landscape is demanding smarter strategies and sharper risk assessments. 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂 𝗪𝗶𝗹𝗹 𝗟𝗲𝗮𝗿𝗻: ▶️ 𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁: Yosha highlights the relentless increase in cyber threats and why the industry needs to stay agile to protect itself. ▶️ 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: Learn why staying proactive and adopting adaptive underwriting practices is key to managing risk. ▶️ 𝗘𝘅𝗽𝗲𝗿𝘁 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲: Yosha shares actionable advice on staying one step ahead of the ever-growing cyber threat landscape. 𝗥𝗲𝗮𝗱𝘆 𝗧𝗼 𝗟𝗲𝗮𝗿𝗻 𝗠𝗼𝗿𝗲? Explore the full Cyber Roundtable for deeper insights and strategies in cyber underwriting. 👉 Watch the Full Roundtable Session Here: https://bit.ly/3Yje8ZL #CyberSecurity #CyberRisk #InsurTech #Underwriting #RiskManagement #DataIntelligence #AdvantageGo #MosaicInsurance

𝗟𝗼𝗻𝗱𝗼𝗻 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗻 𝗯𝗲 ‘𝘀𝘂𝗽𝗲𝗿𝗽𝗼𝘄𝗲𝗿’ – 𝗟𝗹𝗼𝘆𝗱’𝘀 𝗖𝗘𝗢 𝗝𝗼𝗵𝗻 𝗡𝗲𝗮𝗹 Lloyd's CEO John Neal believes the London market has the ‘superpower’ to meet the needs of clients in today’s complex risk environment. Neal said that wars, Covid-19 and the climate were all contributing to a riskier world, according to Global Reinsurance. Neal said: “What we have in London is an unusual concentration of talent. We can only stay relevant if we are looking at the challenges our customers face in the future and create the products that will meet them. “When the world is at its most unpredictable and fast moving, it is the time for the insurance industry to stand up and highlight why we exist.” #Insurance #Reinsurance #LondonMarket #RiskManagement #Insurtech

𝗪𝗲’𝗿𝗲 𝗙𝗶𝗻𝗮𝗹𝗶𝘀𝘁𝘀! 🎉   We're delighted to announce that AdvantageGo has been shortlisted for the Cyber Insurance Technology Provider of the Year award at Intelligent Insurer's Cyber Insurance Awards Europe 2025. This recognition highlights our drive to innovate and deliver next-level cyber insurance technology that empowers insurers to tackle cyber risks with confidence. The winners will be announced on February 5th, 2025. You can see the full list of finalists here: https://lnkd.in/gYzKyjna #CyberInsurance #InsurTech #AdvantageGo #CyberTech #CyberRisk #CyberInsuranceAwardsEU

𝗘𝘅𝗽𝗲𝗿𝘁𝗶𝘀𝗲 𝗮𝗻𝗱 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻: 𝗔 𝗧𝗼𝘂𝗿 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗛𝗼𝘄𝗱𝗲𝗻 𝗚𝗿𝗼𝘂𝗽’𝘀 𝗝𝗼𝘂𝗿𝗻𝗲𝘆   In the latest Voice of Insurance podcast, David Howden, CEO of Howden Group, takes us on a journey through the firm’s evolution and future ambitions. From its humble beginnings with three people and a dog to a global broker aiming for $10 billion in revenue by 2030, Howden highlights the importance of distribution, innovation, and culture.   “We want to build a great business that people are proud of. Pride and culture are key to our success,” he explains.   Listen to how Howden Group is challenging the market and driving growth: https://bit.ly/41xaqOc #Insurance #Reinsurance #Leadership #Innovation #VoiceOfInsurance