Write Here, Right Now: How AI Can Amplify Your Business Results
Here's something we typically hear from frustrated underwriting managers:• "We bind around 12 percent of our submissions, but our underwriters review 100 percent of ...
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Surround Yourself With People You Want to Be Like
"Tell me who your friends are and I will tell you who you are." —author unknown Did you know that the four people with whom you spend the most time are who you become in the future? Scary, isn't ...
Opportunity in Disruption: Preparing for InsurTech’s Elon Musk or Steve Jobs
I recently wrote an article for Carrier Management offering some thoughts about the possibility that an InsurTech would develop a killer app. A killer app, as its name suggests, slays the ...
AmFam’s Subsidiary Aims to Help Customers Protect Their Financial Well-Being
At first glance, an insurance company's investment in a staffing company might seem, well, a little off-base. But according to principals at American Family Insurance and its staffing agency ...
How Insurers and Reinsurers Can Proactively Manage Weather-Related Claims
Insurers handle and pay out millions of weather-related claims each year on homes, businesses, and automobiles. The bulk of these claims result from wind and hail damage caused by severe convective ...
‘Killer Apps’ and the Amazon Effect on Legacy Carriers
Once upon a time, in 1994, Amazon entered the commercial marketplace as an online bookstore. While Amazon was not the first company to offer this service, it was the first to offer to deliver any ...
CEO Viewpoint: Bold and Innovative Industry Action Required to Drive Progress on Diversity and Inclusion
Exponential increase in technological advances. Escalating impact of climate change. Extreme political polarization. Three phrases that describe the world we're living in and the emerging, evolving ...
Steering Clear of the Cedent Insolvency ‘Fatberg’
I started working in the London reinsurance market in 1978. Forty years' later, after a journey through various roles to running my own business today, I've seen many insurers and reinsurers come and ...
Former Guy Carpenter Chairman Newhouse Discusses His Career Changing Events
Everybody has career-changing events and life-changing events—and sometimes, as with the case of Britt Newhouse, events from those two worlds collide. Newhouse, the former chairman of reinsurance ...