Innovation and disruption is the hot topic at hundreds of insurance conferences around the world.
And now it’s starring in its very own rating proposal.
On March 14, 2019, insurance rating agency AM Best released a draft of a proposal to include innovation as a factor in its rating score.
In this episode of The Insurance Nerdery, we talk through the proposed changes – what they mean for carriers and those who work with carriers.
Whichever side you are on, this is a significant change.
What are your thoughts? Will this innovation rating score help move the industry forward?
Read the full proposal here: http://news.ambest.com/presscontent.aspx?refnum=27732&altsrc=9