Content from Russ Banham

Russ Banham, a Pulitzer-nominated journalist and best-selling author, is a longtime contributor to Carrier Management

Insurers Welcome CDOs to the New C-Suite

Better late than never. Long lambasted as a technology laggard, the property/casualty insurance industry appears to be following the lead of other financial services companies like banks, accounting ...

Underwriting for the Modern Age

Back in the 17th century of Lloyd's coffeehouse, a ship set sail for the New World with insurance policies covering the hull and cargo. The task of the underwriters was to evaluate the risk of damage ...

The New Venture Capitalists: Insurance Companies

Property and casualty insurers are rich as Croesus, awash in capital and having a tough time figuring out where to put it. They can certainly invest (and largely do) in the equity and bond markets, ...

The Next Frontier of Alternative Capital

The alternative reinsurance market is on steroids, bulking up to represent an estimated 12 percent of the global reinsurance market, according to estimates from Aon Benfield. This may seem like a ...

Industry Consolidation: Too Fast for Some

There are many reasonable and compelling factors driving the ongoing consolidation of the property/casualty insurance industry, from a sheer overabundance of capital to an overwhelming need to reduce ...

Are New Leaders Needed to Guide Insurers Ahead?

Insurance is a business as old as business itself, expertly greasing the wheels of commerce by absorbing risks that would otherwise slow down the engines of growth. Insurance companies have long sold ...