Transcribed

Data Science and Analytics in Captive Insurance: A Growing Trend

May 30, 2023 · 13m 9s
Data Science and Analytics in Captive Insurance: A Growing Trend
Description

The use of captives in industries such as the sharing and gig economies, as well as in unique risk areas such as cannabis and crypto, has become more prevalent due...

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The use of captives in industries such as the sharing and gig economies, as well as in unique risk areas such as cannabis and crypto, has become more prevalent due to the challenges faced by the commercial market in pricing and structuring insurance programs for these risks.

Richard Cutcher, Founder at Captive Intelligence & Host of the Global Captive Podcast, says that in particular, captive owners in the gig economy require claims support, and Crawford plays an important role in this area. The popularity of cell captives is growing, with some large structures seeing members paying up to $20m in premiums per year. Some even suggest that well-capitalized captives could take on significant business from the parent and start setting prices for premiums.

Join us as we discuss:
  • What the benefits of using AI in supply chain management are
  • How AI can be integrated into supply chain management processes
  • When the best time to implement AI in supply chain management is
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Author Sweet Fish
Organization Sweet Fish
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