Start up ventures without legacy burdens enjoy a great opportunity for a forward-looking management team to really embed analytics and digital communications into their strategy, but others can leverage technology for specialty success, suggests Martina Conlon, Novarica.
The potential benefits of automated systems for new business and underwriting – in terms of speed, accuracy, cost reduction and improved service – make for a compelling value proposition.
What a new Gartner report terms "active loss prevention" could usher in a new era of insurer/policyholder cooperation in the prevention of loss of property and person — potentially reshaping consumers' perception of the value of the insurance industry.
Technical competence is never enough, at least not for inspiring excellence in execution in others, helping them to be better than the teams you're competing against.
New York Insurance Commissioner Ben Lawsky's criticism of captive reinsurance deals appears sensationalist in light of the yesterday's FIO report and industry-side statements.
What a new Gartner report terms "active loss prevention" could usher in a new era of insurer/policyholder cooperation in the prevention of loss of property and person — potentially reshaping consumers' perception of the value of the insurance industry.
Twitter activity around the IASA Educational Conference and Business Show increased this year with the promise of an iPad Mini to one prolific Tweeter. Here's some of the highlights.
MetLife CEO Pushback at SIFI is One Voice Among ManyApril 12, 2013Steven Kandarian's comments at the April 10 Capital Markets Summit harmonize with those of other carriers and industry associations in a rare case of unanimity.
MetLife Says 2013 Profit Could be Lower Than AnticipatedDecember 13, 2012MetLife Inc, the largest life
insurer in the United States, warned that 2013 earnings might be
well below what Wall Street expects and said it needed to
accelerate its strategic plans amid a persistently low
interest-rate environment.
MetLife's Aggressive Distribution Strategy Reaches Business MarketNovember 27, 2012Following the company's pilot of individual life insurance "in a box" at Walmarts, the company has released a new selling system aimed at helping agents and brokers more easily identify potential solutions for the business market.
How Insurers Are Modernizing the Actuarial EnvironmentApril 12, 2012Market fluctuations, changes in consumer expectations and product designs, and new risk modeling techniques are increasing the pressure on carriers to modernize their approach to the actuarial sciences. What are the requirements of a modern actuarial envi
Reflections on MetLife's New Data Vendor Management GroupMarch 01, 2012The insurer's creation of the group for the management and governance of contracts and third party vendors shows recognition of new vendor management challenges.
Why Do Insurance Companies Excel at Developing Women Executives?February 10, 2012Insurance companies and other financial services companies dominate the National Association for Female Executives' 2012 Top 50 Companies for Executive Women ranking. What are insurers doing right for women executives?
Life Insurance Companies Face Fight Over Death BenefitsNovember 12, 2011Life insurers face a new data management challenge as state regulators demand that they proactively search for life insurance beneficiaries. But who really benefits?
Which Insurer Do Customers Trust Most?October 18, 2011The Temkin Group just released the results of its 2011 Trust Ratings, based on a poll of 6,000 U.S. consumers about 143 companies across 12 industries, and readers may be shocked to see an insurer in the number-one spot.
MetLife Names Steven A. Kandarian as New President and CEOMarch 22, 2011On May 1 Kandarian, currently MetLife's chief investment officer, will succeed C. Robert Henrikson, who will continue to serve as chairman of the board through 2011.
MetLife Releases Bilingual Online Dental Health GameFebruary 01, 2011To recognize February as National Children's Dental Health Month, the carrier launched the game and added to its online Oral Health Library.