Social inflation has been a topic of significant interest in recent years for property casualty insurers. It can generally be described as related to increased overall costs due to shifting in societal norms. This session will provide background on social inflation, discuss the various ways it may manifest in property-casualty insurance, and examine insurance data to identify potential signals that social inflation is present.
Who Should Watch:
P&C underwriters and actuaries and social engineering product developers
Presentation Date:
Monday, May 3, 2021
Speakers:
Tim McCarthy
Actuarial Director
ISO Commercial Liability
Anthony Hanson
Director, Exposure Analytics
AIR Worldwide