Yearly Archives: 2014
Next Generation Cat Modeling: Multimodel, Open Source or Open Platform—What’s the Difference?
For the past two decades, insurers and reinsurers have licensed catastrophe models from AIR, RMS and EQECAT, and each vendor model came with its own front and back end to handle the model input and ...
Keys to Setting Your Company’s Strategy in Motion
There's no shortage of discussion in the business world about the importance and development of strategy, but there's shockingly little advice available about actual implementation. Why is it, when ...
Smarten Up: 7 Steps to Reaching Today’s Insurance Consumers
Personal lines insurance customers are changing. More consumers are bundling home and auto insurance; more than one-third of young adults live with their parents; and drivers are much more open to ...
Instagram, Crowdsourcing and the New Risks of Emerging Technology
At its peak in 1996, Kodak—then the world's largest camera maker and photo film supplier—had revenues in excess of $16 billion and employed more than 145,000 people. But after 130 years in ...
‘Yes Men’ Are Killing Corporate Projects: Study
Misreporting of project statuses, at all levels of the company, is often to blame for corporate projects failing or ballooning in cost, according to a new study published in MIT's Sloan Management ...
P/C Insurers Looking to Compete Must Learn to Embrace the Cloud
Property/casualty insurance companies have a reputation for being risk-averse. That certainly has been the case when it comes to cloud computing. While other industries have more readily embraced the ...
The Age of the Athlete-Student: NLRB Ruling May Create New Comp Challenges
What do March Madness and workers compensation have in common? At present, not very much. But if a recent ruling by the National Labor Relations Board (NLRB) holds up, comp underwriters and claims ...
Asia-Pacific Offering Varied Growth Opportunities for Insurers
With insurance markets already mature in Europe and North America, carriers are eager to find new markets in which to expand. Many are looking to Latin America and Africa. But it is the Asia-Pacific ...