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Blockchain—What’s It All About
Blockchain is having a profound impact on the way business is being conducted. And while we are only at the beginning of some of the most significant transformation, the long-term changes that ...
Auto Insurance Customer Loyalty Is Declining
Last year more than $6 billion in advertising was pumped into the marketplace to encourage consumers to shop and switch their auto insurance providers. Everywhere consumers look, they are being hit ...
Reinsurers Maintain Upward Pricing Momentum—But Will It Last?
Positive pricing momentum—it's the favorite phrase of many reinsurers, who are hoping that the momentum they've seen in 2019 will continue during the coming January renewals and beyond. The ...
Carrier Technology Shopping Lists
If this were the Christmas holiday season for insurance carriers, machine learning, big data, analytics and security would be high on their shopping lists. Insurer IT spending is growing for 2020, ...
Reinsurers Look at Cyber’s Massive Growth Possibilities—With Caution
Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and ...
How Humane Automation Leverages Claims Technology for Better Outcomes
Shortly after World War II, as the Ford Motor Company returned to making cars, one of its more innovative executives, Del Harder, mechanized entire segments of the production line with built-in, ...
The Times They Are A-Changin’: How the Rise of Autonomous Vehicles Will Impact Insurers
As insurers and investors alike get excited about new growth opportunities like cyber insurance and new parametric products, it's easy to forget about the technologies and cultural trends that will ...
Ways for Insurers to Master the Art of Innovation
Insurance industry conversations about digitalization have noticeably shifted. A growing number of carriers now see InsurTechs not as existential dangers to their business models, but rather as ...