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Betting on Breakthrough Innovation: Shoot for the Moon
While it is often easier for P/C insurance and reinsurance executives to rally around incremental innovations, in order to really transform their organizations they need to fund some moonshots, ...
CEO Viewpoint: American Modern’s Kleiner Offers 6 Resiliency Tips for Any Leader
In the corporate world, some of us hold titles that automatically define us as a leader. However, if you need to use that title to be recognized as such, you will surely fail. Leadership is often ...
How We Did It: Becoming an InsurTech Unicorn
When InsurTech entrepreneurs like Assaf Wand, Max Simkoff and Dan Preston set out on the path of bringing groundbreaking ideas to life in the insurance industry, they heard a lot of negative talk ...
How the Hardening Reinsurance Market Measures Up to the Past
Reinsurance price hikes and capacity changes are not reminiscent of prior hard markets, participants said in quasi-Rendez-Vous meetings, with some going as far as to say that current price changes ...
Carriers Tap Reserves to Fund New Business Growth
Insurers are increasingly using reserve transactions such as loss portfolio transfers and adverse development covers to liberate capital supporting past reserves and redirect it toward premium ...
Stronger Together: How Underwriters and Actuaries Benefit From Close Ties
Pricing and underwriting are critical aspects for the effective functioning of the property/casualty insurance industry. Successful companies recognize the need for a strong connection between these ...
Talent Movement Is Top Priority for AXA XL Americas New CUO
When Donna Nadeau started tackling the responsibilities of her new role as chief underwriting officer for the Americas at AXA XL in recent months, she turned her focus to talent as a top agenda item. ...
Building Golf Clubs for Underwriters
When John Beckman of QBE North America talks about his role as a chief underwriting officer, the "recovering actuary" and former chief risk officer of CNA repeatedly refers to the need to look for ...