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‘It’s About the Mission,’ Retiring NAMIC CEO Chamness Says
"Be optimistic and be indefatigable." Charles Chamness, president and CEO of the National Association of Mutual Insurance Companies, carefully pronounces each syllable of the last word as he recalls ...
New CEO Levinson on Rebuilding Lexington Insurance
Success for a specialty lines carrier is about discipline. It's about walking away from classes of business or lines of business when rates are no longer adequate. It's about having the courage to ...
InsurTech CEO Viewpoint: 3 Startup Hacks to Ensure a Successful Pilot
I've been asked to sit on an upcoming panel at InsureTech Connect moderated by the Global Insurance Accelerator to discuss ways to ensure startups don't mess up pilot opportunities with incumbent ...
Brokers Can Be Catalysts for Specialty Products Innovation
In an era of insurance transformation, where process simplification and flawless customer service is expected, innovation in policy and product is a must—especially when it comes to the ...
Staying Profitable in an Increasingly Fragmented World: SCOR Global P&C CEO Conoscente
There are several things that keep SCOR's Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, ...
U.S. Private Flood Insurance: The Journey to Build a New Market
Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for ...
Mastering the Peculiarities of Growing Specialty Lines Takes Time, Talent and Discipline
Things are looking good for property/casualty insurers writing specialty business. Specialty lines premium has about doubled as a share of overall commercial premium in the 21st century, judging by ...
Innovating at the Edges of Society and the Economy
Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new ...