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.
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.
Microinsurance: Monitoring a Maturing MarketJanuary 31, 2013Microinsurance may cover as many as 1 billion people by 2020, according to the Microinsurance Network, but questions remain as to the potential profitability of the business in a given geography.
In CAT-Prone Haiti, Microinsurance Gains SteamJanuary 30, 2013When Hurricane
Sandy struck Haiti late last year, the home Guerda Pierre shares
with her three children and mother in Cabaret, north of
Port-au-Prince, was flooded - and so was the merchandise she
sold to make a living.
New Microinsurance Facility Focuses on Catastrophe RiskMarch 31, 2011An international consortium including Swiss Re, Guy Carpenter and Mercy Corps has created what it calls a scalable, innovative model to combat the financial impact of natural disasters for Haitians.
Technology is Key to Huge Microinsurance Growth OpportunityMarch 03, 2011Major global insurance carriers seek to move beyond saturated traditional markets to emerging economies but need to adapt IT and telecommunications capabilities to take advantage of the high-volume, low-value microinsurance market.