Rayne Morgan

1 month ago | portfolio.bisanet.org | Rayne Morgan |Allison Bell |Barbara Pianese

There are four major ethical challenges faced by insurance professionals when it comes to using AI, according to a Reuters panel: built-in bias, human talent, transparency and regulation. Panel members said such uncertainties can be addressed, but emphasized they would best be done by doing so in a landscape where AI in insurance becomes “table stakes” in the next two years. “I would say put your principles in place, set the guardrails and then go build a thing.

Jul 11, 2024 | fslso.com | Rayne Morgan

Insurers in the United States may need to brace for a significant amount of loss costs this year due to the degree of severe weather events expected, according to the experts. Hurricane Beryl kicked off the hurricane season with bang, hitting Texas harder than expected Monday with high winds and heavy rains, and leaving a wake of more than 2.7 million without power.

Nov 21, 2023 | portfolio.bisanet.org | Rayne Morgan |Howard Hammond |Rich Blake

People who have financial fears are more than five times more likely to say they want to buy life insurance, according to new research by LIMRA. The research also found that interest in buying life insurance is often overstated, as affordability is a common reason why people ultimately choose not to buy. "The financial fears that correlate with a motivation for buying are also a practical reason for not buying,” explained Jennifer Douglas, senior research director for LIMRA.

Nov 14, 2023 | portfolio.bisanet.org | Glenn Koch |Rayne Morgan |Chris Prentice

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Sep 5, 2023 | policyadvisor.com | Rayne Morgan

History and ownership: SSQ Financial GroupSSQ Insurance was founded in 1944 in Quebec City, Canada, by Dr. Jacques Tremblay. It began as a cooperative called Coopérative de Santé de Québec that aimed to provide better social services and insurance options for working-class French Canadians. The company later changed its name to Les Services de Santé de Québec, which is where the SSQ abbreviation came from.