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Leading in an Industry He Once Shunned, wefox CEO Aims to Make Insurance Fast and Simple
When Julian Teicke was a teenager, the lavish events his insurance broker father attended with other successful agents struck him as out of proportion to their essential work helping people. "All ...
CEO Viewpoint: How We’re Supporting Employees, Rethinking Benefits
Insurance has a reputation for being slow to evolve and steadfastly traditional. The industry has started shattering this stereotype by leaning into innovation and embracing technologies that enable ...
How to Tackle Inflation-Driven Pricing, Reserve Risk: A Coverage Fix
Annualized inflation in the U.S. topped 5 percent just once since 1981—until now. In the UK, it exceeded 3 percent only rarely since 1992, and only ever by a fraction. In France, the change in the ...
Navigating Flood Insurance Challenges in a Rapidly Changing Environment
Flood insurance may be a canary in the coal mine when it comes to the lasting impacts of climate change. Aon Edge CEO John Dickson recently talked with Elizabeth Blosfield, deputy editor for Carrier ...
Learning to Time Travel: Why Insurers Should Embrace Both the Future and the Past
The first insurance company in the U.S., The Friendly Society, was established in Charleston, S.C., in 1735, according to the Insurance Information Institute's insurance handbook, meaning the ...
The Future of P/C Underwriting: Shifting From Innovation to Operational Efficiency
With rising inflation and the prospects of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters to adapt to new technologies and sources of ...
What Happened to the InsurTech Revolution? It’s Just Beginning
If 2021 was supposed to usher in the revolution in InsurTech, it created an equal amount of confusion and confidence. On one hand, InsurTech companies enjoyed record fundraising in terms of both ...
Viewpoint: How Progressive’s Relationship With ‘The Robinsons’ Could Be at Risk
Progressive offered a rare look inside its strategic playbook in a recent second-quarter earnings report. Describing the firm's market share in key customer segments, the report highlighted one group ...