<br /> Asset Management Captives in Demand Digital Disruption ISSUES & ANSWERS:<br /> In Era of Trump For Health Care Risk Road Map Cyber Coverage<br /> Page 24 Page 28 Pages 64-73 Pages 21-23<br /> www.bestreview.com March 2017<br /> A.M. BEST'S MONTHLY INSURANCE MAGAZINE<br /> Inadequate data. Embryonic models.<br /> An evolving regulatory environment.<br /> Insurers venture deeper into<br /> uncharted territory while cyber<br /> threats escalate. Pages 30-63<br /> Stone houses.<br /> Aluminum bats.<br /> Our client<br /><a title="Best's Review - March 2017 Edition page 1" href="http://viewer.zmags.com/publication/84c3d6aa?page=1"> Asset Management Captives in De</a> <a title="Best's Review - March 2017 Edition page 2" href="http://viewer.zmags.com/publication/84c3d6aa?page=2"> Stone houses. Aluminum bats. Our client relatio</a> <a title="Best's Review - March 2017 Edition page 3" href="http://viewer.zmags.com/publication/84c3d6aa?page=3"> From the Editor's Desk What We Don't Know </a> <a title="Best's Review - March 2017 Edition page 4" href="http://viewer.zmags.com/publication/84c3d6aa?page=4"> Contents THE CYBER UNKNOWNS 30-63 In this fe</a> <a title="Best's Review - March 2017 Edition page 5" href="http://viewer.zmags.com/publication/84c3d6aa?page=5"> </a> <a title="Best's Review - March 2017 Edition page 6" href="http://viewer.zmags.com/publication/84c3d6aa?page=6"> DIGITAL TRANSFORMATION Contents </a> <a title="Best's Review - March 2017 Edition page 7" href="http://viewer.zmags.com/publication/84c3d6aa?page=7"> Best's Review Interactive @ www.bestreview.com </a> <a title="Best's Review - March 2017 Edition page 8" href="http://viewer.zmags.com/publication/84c3d6aa?page=8"> ® Department Analytics: Personal Lines Sector H</a> <a title="Best's Review - March 2017 Edition page 9" href="http://viewer.zmags.com/publication/84c3d6aa?page=9"> Executive Changes Distribution sAo</a> <a title="Best's Review - March 2017 Edition page 10" href="http://viewer.zmags.com/publication/84c3d6aa?page=10"> Department Armitage now joins parent</a> <a title="Best's Review - March 2017 Edition page 11" href="http://viewer.zmags.com/publication/84c3d6aa?page=11"> Insurance Marketing Tips for Digital Marketing S</a> <a title="Best's Review - March 2017 Edition page 12" href="http://viewer.zmags.com/publication/84c3d6aa?page=12"> Next Wave Department Job Fitness R </a> <a title="Best's Review - March 2017 Edition page 13" href="http://viewer.zmags.com/publication/84c3d6aa?page=13"> What Readers Say/Best's Calendar In our January i</a> <a title="Best's Review - March 2017 Edition page 14" href="http://viewer.zmags.com/publication/84c3d6aa?page=14"> What A.M. Best Says Department `The Last Holdou</a> <a title="Best's Review - March 2017 Edition page 15" href="http://viewer.zmags.com/publication/84c3d6aa?page=15"> different situation. For these organizations, the</a> <a title="Best's Review - March 2017 Edition page 16" href="http://viewer.zmags.com/publication/84c3d6aa?page=16"> A Global Conversation Department Cyber Concerns</a> <a title="Best's Review - March 2017 Edition page 17" href="http://viewer.zmags.com/publication/84c3d6aa?page=17"> At Large Clouds on the Horizon Insight The grow</a> <a title="Best's Review - March 2017 Edition page 18" href="http://viewer.zmags.com/publication/84c3d6aa?page=18"> Risk Adviser Insight Outside the Box As loss e</a> <a title="Best's Review - March 2017 Edition page 19" href="http://viewer.zmags.com/publication/84c3d6aa?page=19"> Technology Aligning with Automation Insight</a> <a title="Best's Review - March 2017 Edition page 20" href="http://viewer.zmags.com/publication/84c3d6aa?page=20"> Regulatory/Law Insight Setting Priorities Deali</a> <a title="Best's Review - March 2017 Edition page 21" href="http://viewer.zmags.com/publication/84c3d6aa?page=21"> Spotlight on Workers' Comp Trade Groups View Wor</a> <a title="Best's Review - March 2017 Edition page 22" href="http://viewer.zmags.com/publication/84c3d6aa?page=22"> Spotlight on Life Insurance Regulatory Scrutiny </a> <a title="Best's Review - March 2017 Edition page 23" href="http://viewer.zmags.com/publication/84c3d6aa?page=23"> Special Advertising Section ISSUES & ANSWERS: </a> <a title="Best's Review - March 2017 Edition page 24" href="http://viewer.zmags.com/publication/84c3d6aa?page=24"> </a> <a title="Best's Review - March 2017 Edition page 25" href="http://viewer.zmags.com/publication/84c3d6aa?page=25"> SPECIAL ADVERTISING SECTION Issues &</a> <a title="Best's Review - March 2017 Edition page 26" href="http://viewer.zmags.com/publication/84c3d6aa?page=26"> Asset Management Opportunity, Volatility Lie Ahe</a> <a title="Best's Review - March 2017 Edition page 27" href="http://viewer.zmags.com/publication/84c3d6aa?page=27"> ADVERTISEMENT CONNversations Smart thinking from </a> <a title="Best's Review - March 2017 Edition page 28" href="http://viewer.zmags.com/publication/84c3d6aa?page=28"> Asset Management last summer at 1.36%.And in a s</a> <a title="Best's Review - March 2017 Edition page 29" href="http://viewer.zmags.com/publication/84c3d6aa?page=29"> Going Back to Its ROOTS A pioneer in the life set</a> <a title="Best's Review - March 2017 Edition page 30" href="http://viewer.zmags.com/publication/84c3d6aa?page=30"> Captives To the Rescue Organizations look to cap</a> <a title="Best's Review - March 2017 Edition page 31" href="http://viewer.zmags.com/publication/84c3d6aa?page=31"> A.M. Best's Financial Suite: Adding value and cla</a> <a title="Best's Review - March 2017 Edition page 32" href="http://viewer.zmags.com/publication/84c3d6aa?page=32"> Cyber Unknowns THE CYBER UNKNOWNS Attacks on ou</a> <a title="Best's Review - March 2017 Edition page 33" href="http://viewer.zmags.com/publication/84c3d6aa?page=33"> BEST'S REV)%7s-!2#( 31</a> <a title="Best's Review - March 2017 Edition page 34" href="http://viewer.zmags.com/publication/84c3d6aa?page=34"> Cyber Unknowns FILL IN THE BLANKS Insurers piece</a> <a title="Best's Review - March 2017 Edition page 35" href="http://viewer.zmags.com/publication/84c3d6aa?page=35"> “They have recent historical data for PII [p</a> <a title="Best's Review - March 2017 Edition page 36" href="http://viewer.zmags.com/publication/84c3d6aa?page=36"> Cyber Unknowns “There are technologies that</a> <a title="Best's Review - March 2017 Edition page 37" href="http://viewer.zmags.com/publication/84c3d6aa?page=37"> determining the type of assets a company has and </a> <a title="Best's Review - March 2017 Edition page 38" href="http://viewer.zmags.com/publication/84c3d6aa?page=38"> Cyber Unknowns THE MISSING Insurers are eager f</a> <a title="Best's Review - March 2017 Edition page 39" href="http://viewer.zmags.com/publication/84c3d6aa?page=39"> LINK Key Points Fueling the Future: The continue</a> <a title="Best's Review - March 2017 Edition page 40" href="http://viewer.zmags.com/publication/84c3d6aa?page=40"> Cyber Unknowns The models, though, are </a> <a title="Best's Review - March 2017 Edition page 41" href="http://viewer.zmags.com/publication/84c3d6aa?page=41"> out in 2015, and they will make it into the cat m</a> <a title="Best's Review - March 2017 Edition page 42" href="http://viewer.zmags.com/publication/84c3d6aa?page=42"> Cyber Unknowns On Guard A large-scale denial-of-</a> <a title="Best's Review - March 2017 Edition page 43" href="http://viewer.zmags.com/publication/84c3d6aa?page=43"> Key Points On Alert: Distributed denial-of-servi</a> <a title="Best's Review - March 2017 Edition page 44" href="http://viewer.zmags.com/publication/84c3d6aa?page=44"> Cyber Unknowns But they may not be so l</a> <a title="Best's Review - March 2017 Edition page 45" href="http://viewer.zmags.com/publication/84c3d6aa?page=45"> beginning to switch from functionality to securit</a> <a title="Best's Review - March 2017 Edition page 46" href="http://viewer.zmags.com/publication/84c3d6aa?page=46"> Cyber Unknowns arise is whether an infrastructur</a> <a title="Best's Review - March 2017 Edition page 47" href="http://viewer.zmags.com/publication/84c3d6aa?page=47"> Cyber Challenges What's worse than a cyber incide</a> <a title="Best's Review - March 2017 Edition page 48" href="http://viewer.zmags.com/publication/84c3d6aa?page=48"> Cyber Unknowns SOUND 46 BEST'S R</a> <a title="Best's Review - March 2017 Edition page 49" href="http://viewer.zmags.com/publication/84c3d6aa?page=49"> Key Points Code of Silence: Insurers are starti</a> <a title="Best's Review - March 2017 Edition page 50" href="http://viewer.zmags.com/publication/84c3d6aa?page=50"> Cyber Unknowns The PRA has suggested indica</a> <a title="Best's Review - March 2017 Edition page 51" href="http://viewer.zmags.com/publication/84c3d6aa?page=51"> task.“Policies have yet to be tested in court so </a> <a title="Best's Review - March 2017 Edition page 52" href="http://viewer.zmags.com/publication/84c3d6aa?page=52"> Cyber Unknowns Ready to GROW New EU regulations</a> <a title="Best's Review - March 2017 Edition page 53" href="http://viewer.zmags.com/publication/84c3d6aa?page=53"> regulations as an attempt to bring the rules into</a> <a title="Best's Review - March 2017 Edition page 54" href="http://viewer.zmags.com/publication/84c3d6aa?page=54"> Cyber Unknowns Risk Management in Play QBE </a> <a title="Best's Review - March 2017 Edition page 55" href="http://viewer.zmags.com/publication/84c3d6aa?page=55"> Close the G a p Cyber insurers need to fix the po</a> <a title="Best's Review - March 2017 Edition page 56" href="http://viewer.zmags.com/publication/84c3d6aa?page=56"> Cyber Unknowns Proceed With Caution Former FBI l</a> <a title="Best's Review - March 2017 Edition page 57" href="http://viewer.zmags.com/publication/84c3d6aa?page=57"> selling loans to these people and didn't care whe</a> <a title="Best's Review - March 2017 Edition page 58" href="http://viewer.zmags.com/publication/84c3d6aa?page=58"> Cyber Unknowns THE `UNPREDICTABLE' FACES THE</a> <a title="Best's Review - March 2017 Edition page 59" href="http://viewer.zmags.com/publication/84c3d6aa?page=59"> SETTING A NEW AGENDA: President Donald Trump deli</a> <a title="Best's Review - March 2017 Edition page 60" href="http://viewer.zmags.com/publication/84c3d6aa?page=60"> Cyber Unknowns catastrophic risk models. Experts</a> <a title="Best's Review - March 2017 Edition page 61" href="http://viewer.zmags.com/publication/84c3d6aa?page=61"> finally take decisive action, experts say. </a> <a title="Best's Review - March 2017 Edition page 62" href="http://viewer.zmags.com/publication/84c3d6aa?page=62"> Cyber Unknowns commitment.Although critics criti</a> <a title="Best's Review - March 2017 Edition page 63" href="http://viewer.zmags.com/publication/84c3d6aa?page=63"> TRIA Guidance The issue of federal oversight</a> <a title="Best's Review - March 2017 Edition page 64" href="http://viewer.zmags.com/publication/84c3d6aa?page=64"> Cyber Unknowns The (Cyber) Sharing Economy Insu</a> <a title="Best's Review - March 2017 Edition page 65" href="http://viewer.zmags.com/publication/84c3d6aa?page=65"> for both identifying and marketing products, to u</a> <a title="Best's Review - March 2017 Edition page 66" href="http://viewer.zmags.com/publication/84c3d6aa?page=66"> Digital Transformation A DIGITAL TRANSFORMAT D </a> <a title="Best's Review - March 2017 Edition page 67" href="http://viewer.zmags.com/publication/84c3d6aa?page=67"> ION ROAD MAP CONTENTS 66 On the Precipice 69</a> <a title="Best's Review - March 2017 Edition page 68" href="http://viewer.zmags.com/publication/84c3d6aa?page=68"> Digital Transformation On the Precipice In</a> <a title="Best's Review - March 2017 Edition page 69" href="http://viewer.zmags.com/publication/84c3d6aa?page=69"> preparedness. But the situation is changing. Mone</a> <a title="Best's Review - March 2017 Edition page 70" href="http://viewer.zmags.com/publication/84c3d6aa?page=70"> Digital Transformation Risk prevention. Dig</a> <a title="Best's Review - March 2017 Edition page 71" href="http://viewer.zmags.com/publication/84c3d6aa?page=71"> Digital Transformation Moving Forward In a round</a> <a title="Best's Review - March 2017 Edition page 72" href="http://viewer.zmags.com/publication/84c3d6aa?page=72"> Digital Transformation and they organize themsel</a> <a title="Best's Review - March 2017 Edition page 73" href="http://viewer.zmags.com/publication/84c3d6aa?page=73"> insurance per se, but might be quite relevant whe</a> <a title="Best's Review - March 2017 Edition page 74" href="http://viewer.zmags.com/publication/84c3d6aa?page=74"> Digital Transformation “Am I making progress?” I</a> <a title="Best's Review - March 2017 Edition page 75" href="http://viewer.zmags.com/publication/84c3d6aa?page=75"> traditional recruiting process in insurance is ac</a> <a title="Best's Review - March 2017 Edition page 76" href="http://viewer.zmags.com/publication/84c3d6aa?page=76"> Underestimating Change Strategy Novarica's Matt</a> <a title="Best's Review - March 2017 Edition page 77" href="http://viewer.zmags.com/publication/84c3d6aa?page=77"> Data Strategy Overcoming the Data Challenge Ins</a> <a title="Best's Review - March 2017 Edition page 78" href="http://viewer.zmags.com/publication/84c3d6aa?page=78"> Data Strategy Getting Executive and Business Buy</a> <a title="Best's Review - March 2017 Edition page 79" href="http://viewer.zmags.com/publication/84c3d6aa?page=79"> Experiment with insurers' BCAR scores under chang</a> <a title="Best's Review - March 2017 Edition page 80" href="http://viewer.zmags.com/publication/84c3d6aa?page=80"> Data Strategy This data solution can work f</a> <a title="Best's Review - March 2017 Edition page 81" href="http://viewer.zmags.com/publication/84c3d6aa?page=81"> Best's Credit Rating Actions T </a> <a title="Best's Review - March 2017 Edition page 82" href="http://viewer.zmags.com/publication/84c3d6aa?page=82"> Rating Action Business Type Company Name/ Ultim</a> <a title="Best's Review - March 2017 Edition page 83" href="http://viewer.zmags.com/publication/84c3d6aa?page=83"> Keep Up To Date in Today's Ever-Changing </a> <a title="Best's Review - March 2017 Edition page 84" href="http://viewer.zmags.com/publication/84c3d6aa?page=84"> BEST'S FINANCIAL STRENGTH RATING GUIDE – (FSR) A </a> <a title="Best's Review - March 2017 Edition page 85" href="http://viewer.zmags.com/publication/84c3d6aa?page=85"> BEST'S ISSUER CREDIT RATING GUIDE – (ICR) A Best'</a> <a title="Best's Review - March 2017 Edition page 86" href="http://viewer.zmags.com/publication/84c3d6aa?page=86"> Industry Updates Best's Insurance Professionals </a> <a title="Best's Review - March 2017 Edition page 87" href="http://viewer.zmags.com/publication/84c3d6aa?page=87"> that is the appropriate step for the Congress to </a> <a title="Best's Review - March 2017 Edition page 88" href="http://viewer.zmags.com/publication/84c3d6aa?page=88"> Department because they know how to penetrate ma</a> <a title="Best's Review - March 2017 Edition page 89" href="http://viewer.zmags.com/publication/84c3d6aa?page=89"> Share your knowledge with our 60,000-plus* su</a> <a title="Best's Review - March 2017 Edition page 90" href="http://viewer.zmags.com/publication/84c3d6aa?page=90"> The Last Word Department Food for Thought Evolv</a> <a title="Best's Review - March 2017 Edition page 91" href="http://viewer.zmags.com/publication/84c3d6aa?page=91"> </a> <a title="Best's Review - March 2017 Edition page 92" href="http://viewer.zmags.com/publication/84c3d6aa?page=92"> Expect big things in workers' compensation. Expec</a>