When Carrier Management Editor Mark Hollmer interviewed Chubb’s Chief Innovation Officer Jon Bidwell during a live Twitter chat in late April, Bidwell shared these insights about technology and obstacles to innovation.
Q: How does a successful carrier like Chubb use new technology differently?
Trick with tech is learn to experiment small scale. See what matters vs merely "hey look a squirrel".#cmchubbchat
— Chubb North America (@ChubbNA) April 22, 2015
Tough part with IT is only place gerontology coexists with neonatology. Still have to deal with legacy #cmchubbchat
— Chubb North America (@ChubbNA) April 22, 2015
Q: What are the biggest obstacles to innovation?
Obstacles? Biggest? Need to manage ambiguity with new ideas with stricter process as you understand them better. #cmchubbchat
— Chubb North America (@ChubbNA) April 22, 2015
2nd obstacle going all in on an idea without learning unknowns cheaply org will remember big failures. #cmchubbchat
— Chubb North America (@ChubbNA) April 22, 2015
Your Rating Rules Survived the Migration. Did Your Prices? 
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says 
Rhode Island Man Involved in $5M Vehicle Theft Ring Pleads Guilty 
Animals Cause More Than 350,000 Crashes Per Year: Report 
