Organizing for Action: The Board of Directors in the AI-Powered Insurer
Financial services technologies come and go. Useful shiny objects become standard operating procedure. How quickly and effectively an insurer makes this transition ...
Boardroom Agenda
U.S. CEOs Head for the Exits Across Industries; No. of Insurer Exits Steady
Through the first nine months of this year, 1,425 CEOs have left their posts at U.S. companies across industries—marking the highest nine-month total in over a decade. According to global ...
Boardroom Clashes Most Likely Over Return-to-Office Policies
Nearly three out of four organizations said return-to-office policies could prompt boardroom battles, according to a new survey of U.S. workplace leaders, showing how senior management doesn't always ...
Hippo Investors Call for Strategic Review by Board, Other Actions
Members of the board of directors of InsurTech Hippo were on the receiving end of an open letter from a "concerned shareholder group," yesterday, urging board actions to preserve the value of a ...
Employee Approval Levels Sway Boards in Deciding if CEO Stays or Goes
New research from the University of Washington finds that employee approval greatly influences whether a board of directors will retain or dismiss a chief executive officer. For a CEO, that means job ...
Collapse of FTX Provides Governance Lessons for Insurers: AM Best
The collapse of the cryptocurrency exchange FTX demonstrates the dangers of failures of corporate governance, according to a commentary published by AM Best. While FTX is not an insurance company, ...
McCathron Succeeds Wand As Hippo CEO
InsurTech Hippo, a home insurance group focused on proactive home protection, announced Monday that it has appointed President Richard McCathron as chief executive officer, replacing founder and ...
Dealmaking 101: When Opportunity Comes, You Move, Buffett Says
When opportunity comes, you have to move. That was one of the simple life lessons that Warren Buffett imparted during the six-hour-plus annual meeting of Berkshire Hathaway shareholders on Saturday. ...
How Warren Buffett Does a Deal: Alleghany Merger Backstory
Berkshire Hathaway didn't require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion deal price that Warren Buffett offered to CEO Joseph Brandon in ...