This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
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This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
Navigating Legal Challenges and the Role of AI in Insurance Claims
Crane Talk
53 minutes
1 year ago
Navigating Legal Challenges and the Role of AI in Insurance Claims
Ron and Gene are back fresh from the Specialized Carriers and Rigging Association Conference in Phoenix, AZ. They recount stories of their time there, dig into the strategic importance of registered agents in determining lawsuit jurisdictions and how having the right agent location can mitigate legal risks. They also look at the impact of “social inflation” in the industry and some of the new AI tools people are trying to introduce into filing insurance claims. About the Show Crane talk is a...
Crane Talk
This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
