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Analytics Offers Edge for Insurers Fighting Organized Insurance Fraud Rings
Insurance fraud is estimated to be an $80 billion a year industry, according to the Coalition Against Insurance Fraud. In order to combat the crime, which is increasingly committed by organized fraud ...
P/C Insurer Mergers: Reaching the Tipping Point
The growing number of reinsurance mergers is understandable considering that the flood of alternative capital has upended the industry's economics. If companies don't lower their cost of capital and ...
How to Develop a Robust Risk Appetite Statement
In a recent Own Risk and Solvency Assessment webinar conducted by FTI Consulting, more than 50 percent of attendees stated they had not adequately defined risk appetite as part of their ORSA ...
The Evolution of the CIO: More Opportunities Ahead
The theory of evolution is a funny thing. It's widely accepted as scientific fact and the way of things, yet it can't be proven or disproven emphatically. Much the same might be said of the position ...
Making a Case for Servant Leadership
The question is one I have heard countless times over the years in my capacity as an executive coach: "What would you say are the traits that make a great leader?" It's not exactly a question that ...
Silicon Valley Veteran Shaking Up Vertafore
Vertafore is forging new partnerships and shaking up how it develops and deploys new products. A big reason behind these efforts is Greg Wright, the company's new senior vice president of Agency ...
The One Thing Missing From Your Innovation Efforts: A View of Customers ‘In the Wild’
"Innovate or die," the saying goes. But as companies try to sharpen their competitive edge with new product and service ideas, many don't realize that their efforts are fundamentally misguided. ...
States—Not Feds—Should Oversee Workers Comp; Reform Challenges Mount
Workers compensation insurance is getting a bad rap these days, with everyone from an investigative media organization to North Carolina's governor offering criticisms of how "the grand bargain" of ...

