CEO / Chief Executive
Lessons of InsurTech: Zenefits ‘Overly Optimistic’ in Revenue Projections
A lot has happened since Zenefits told investors last year that its already lofty projection for annual recurring revenue would more than triple by the end of 2016. The HR software maker saw its ...
Root Debuts; Carrier’s Smartphone App Helps Good Drivers Get Cheaper Rates
Root officially debuts in the U.S. market on Oct. 25. The fledgling auto insurer, just 18 months old, relies on telematics and a customer's smartphone to deliver what it says will be significantly ...
What is business transformation in insurance? Insurance business transformation is an operating model and technology foundation shift that allows organizations...
Carrier Climate Change Risk Disclosure Has Improved: Ceres Analysis
Insurers in the United States are increasingly willing to disclose their risk management practices related to climate change, according to a new report suggesting that last year's global accord in ...
Former Chubb Exec Robusto Set to Succeed CNA’s Motamed Next Month
Former long-time Chubb executive Dino E. Robusto will assume the roles of chairman and chief executive officer on November 21, 2016 at CNA, succeeding Thomas F. Motamed, who is retiring after eight ...
Will Big Data, Social Networking Scores Remove Risk-Sharing From Insurance?
When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind. But such ...
P/C Broker Venbrook Raises $42M in Financing to Help Fund Acquisition
Venbrook Group nailed down $42 million in new financing from Madison Capital Funding, a subsidiary of New York Life, and some of the money has already helped back an acquisition that expands its ...
Wells Fargo Account Scandal Draws Calif. Criminal Probe
The California Attorney General's Office has launched a criminal investigation into Wells Fargo over allegations it opened millions of unauthorized customer accounts and credit cards, according to a ...
Travelers Profit Drops by 23 Percent; Auto Injury, Weather-Related Losses to Blame
Travelers Cos., the sole property/casualty insurer in the Dow Jones Industrial Average, posted its fourth-straight profit decline as weather-related costs climbed and investment income slipped. ...