Yearly Archives: <span>2014</span>
CEO Viewpoint: Winning the War for Talent to Harness the Full Power of Predictive Analytics
The reputation of the insurance industry has long been that it follows behind other industries in the use and implementation of technology. Across numerous other industries, big data and analytics ...
FASB Tables Convergence Efforts; What It Means for U.S. P/C Insurers
The Financial Accounting Standards Board announced in February that it will no longer pursue a full revamp of insurance contract accounting but instead will consider only targeted improvements. For ...
A Short Digression into the Root Cause of the Financial Crash
Six years after the financial crisis, there is some common understanding of the root causes of the 2008 crash in the U.S. as well as the causes of its recessionary cousin, the 2010 banking and ...
The FSB Objective: Never Waste a Good Crisis
We have had the benefit of more than six months since the designations were announced by the Financial Stability Board (FSB), and we now also have the Oct. 9, 2013 statement by the International ...
Can We Fix Earthquake Insurance in California?
Twenty years ago, on Jan. 17, 1994, a previously unknown fault ruptured nine miles beneath Northridge in the San Fernando Valley. With a magnitude of 6.7 and an epicenter just 20 miles northwest of ...
Energi Insurance CEO McCarthy: Plugged Into Energy Revolution Through R&D
Just as there are best practices for managing today's energy risks, there are best practices for managing a company that specializes in insuring those risks. According to Brian McCarthy, best ...
What It Takes to Be a P/C Insurer COO: Executive Recruiter Views
The leaders of operations of property/casualty companies carry various titles and have a wide range of responsibilities—so different, in fact, that even industry executive placement experts have a ...
Does Your Company Need a COO?
Some P/C insurance companies have chief operating officers; some have more than one. Others have chief operations officers. All are C-suite positions. But does every carrier actually need a leader of ...