Content from Susanne Sclafane
Insurance Ops ‘Shoot The Lights Out’ At Berkshire, Buffett Says
Recognizing the $4.4 billion contribution of Berkshire Hathaway's insurance operations to its overall after-tax profit of $15.3 billion for the in 2012, Warren Buffett said the group's insurance ...
Who Should Educate Policyholders: Agents Or Carriers?
Policyholder education about insurance coverage wording is a critical challenge for the property/casualty insurance industry. But who should be doing the teaching—agents or carriers? During a ...
XL’s McGavick’s Innovation Tip: Move Best People Off Profitable Business
If you want to spark innovation in your company, move your best people out of your most profitable businesses, XL's chief executive officer advises. Mike McGavick, the CEO of Dublin-based XL Group ...Munich Re Warrants Performance of Xicato’s LED Light Modules
Munich Re has introduced insurance coverage with the U.S. lighting company Xicato that includes five-year performance guarantee on its LED modules for color consistency and lumen maintenance. Munich ...
Is Strategic Planning Effective At Insurance Companies?
It has been three short months since I accepted the challenge of putting together carrier-focused content for the new website we are launching at Wells Media—CarrierManagment.com. For those of you ...Model Revolution Ahead In Commercial Lines Including D&O, Say Carrier Directors, Execs
Predictive modeling is rapidly changing the market landscape for the small commercial package risks, and even making a difference for underwriters of large professional liability accounts, carrier ...Is Homeowners Insurance An ‘Epically Disastrous’ Business?
At a conference where industry experts bemoaned the low level of overall returns for the property/casualty industry across all lines, they reported even bleaker numbers for homeowners insurers, ...