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.
Insurers Still Waiting for Regulatory Modernization ReportJune 13, 2013Yesterday's release of an informational report by the Federal Insurance Office was a nice start, but for people in the insurance industry, only increases the hunger for the main event.
4 Key Issues from the Long-Delayed FIO ReportJune 12, 2013The Federal Insurance Office's first annual report on the U.S. insurance industry, mandated by the Dodd-Frank law, came out -- more than a year late -- today. Here's a quick, early look at what the body is following.
FIO Modernization Report 13 Months Late, Along With Other DeliverablesFebruary 15, 2013HFSC urges FIO to deliver "long overdue" reports and says it will work to limit the FIO from imposing unwarranted or excessive data collection burdens on the insurance sector or on small insurers in particular.
4 Items on Insurance Regulators' RadarAugust 07, 2012Internationalization was the main focus of the Federal Advisory Committee on Insurance's Monday meeting in Washington with Federal Insurance Office director Michael McRaith. It offered a glimpse into the priorities of state and federal insurance regulators
FIO Misses Modernization Report DeadlineFebruary 01, 2012The delay of the insurance modernization report mandated by the Dodd-Frank Act adds to a long list of missed deadlines.
Dodd-Frank Mandated FIO Modernization Report ImminentJanuary 26, 2012Director Michael McRaith is expected to issue the a report on how to modernize the insurance industry by Jan. 31, within the 18-month deadline stipulated in the Dodd-Frank Act.
The State of Insurance Regulation: Q&A With NAIC President Susan VossNovember 19, 2011Between healthcare reform and Dodd-Frank, insurance regulators have a full plate of rules to implement that will affect all lines of business. Iowa insurance commissioner and NAIC president Susan Voss spoke recently with I&T associate editor Nathan Golia a
Crowd-Sourcing Insurance RegulationsNovember 14, 2011Many insurance industry players are opposed to any kind of regulatory change, but the industry faces a number of critical regulatory issues in 2012.
