Insurance News: 2023 Review | Insurance Blog

As we say goodbye to 2023 in this final review of the insurance news of the year, we are pleased to welcome you Cory McAnellyAssistant Vice President of Enterprise Innovation Strategy to Principal, to join us as we delve into what’s been in the news this year.

We start with a recurring theme: productive AI. Cory brings his perspective where he sees the innovation happening with these technologies in the startup ecosystem and, as a former principal intellectual property attorney, some of the most interesting legal questions these innovations raise.

2023 marked the hottest year on record, and insurers are facing uncertainty in claims due to catastrophic events related to climate change. We talk about how the industry is adapting risk management strategies, consider coverage limits, new models, and investments in companies focused on sustainability.

Travel is back—and not just for the holidays. We talk about the state of travel insurance and the opportunities for innovation to provide effective and personalized coverage. We also touch on the year in crypto and how insurers’ views on this and other topics related to the metaverse have evolved.

Finally, what would the holidays be without a few reindeer games? Watch as Cory challenges his friend and mentor Bruce Hentschel, who joined us in November, to see who gets the most views.

Have a safe and happy holiday season! See you in 2024.