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.
Hartford Steam Boiler Partners on Blackout Risk TechMay 30, 2013The Munich Re unit has partnered with Atmospheric and Environmental Research to develop a technology that insurers and clients can use to assess blackout risk.
Selective Announces Executive Promotions in Claims and ITMay 13, 2013Among a roster of recent appointments and promotions announced by Selective Insurance were George Neale as SVP, Chief Claims Officer, and John Bresney as SVP, Application Delivery Services.
Goldman Sachs to Sell Stake in Reinsurance GroupJanuary 16, 2013Goldman Sachs Group is
seeking a buyer for a majority stake of its $1.4 billion
reinsurance group, according to a copy of its January
presentation to potential buyers that was viewed by Reuters.
CURE "Beefed Up" Reinsurance After Irene: COOOctober 29, 2012The New Jersey-based auto insurer also plans hyper-local storm outreach for future storms, according to COO Eric Poe, who envisions these major events hitting the company's home state much more often than they have historically.
Reinsurers Must Optimize Data Utilization to Maximize ProfitabilitySeptember 17, 2012Many reinsurers fail to fully utilize their data, leaving open the potential to make costly mistakes regarding what business they book, how they allocate capital and how they prepare for changes in the market.
Zurich Names Chief Underwriting OfficerFebruary 02, 2012Zurich names Sabrina Hart Chief Underwriting Officer for its Global Corporate in North America organization.
