Innovation
Hiscox Helps Back Indio, a Commercial Insurance Broker Platform, in $2M Round
Hiscox is among the participants in a $2 million seed financing for Indio, a commercial insurance platform for brokers that aims to do what Sabre did for travel agents or Schwab did for wealth ...
Blockchain in Insurance: Applications and Pursuing a Path to Adoption
Blockchain, or distributed ledger technology, quickly has become a fixation in the financial services industry as a result of its potential to revolutionize and transform our thinking about data ...
Producer compensation programs send clear messages about what a carrier values. Commission rates, incentive structures, bonuses, and performance thresholds direct...
Measuring Casualty Cat Risk: What Underwriters and Actuaries Miss and Why
Last month, I was invited to speak at the Casualty Actuarial Society Loss Reserving Seminar in Chicago, where I had the opportunity to challenge the existing techniques designed to measure ...
Super Regional Carrier Rises With Proposed BrickStreet Mutual/Motorists Mutual Affiliation
BrickStreet Mutual Insurance and Motorists Mutual Insurance Co. announced they have begun to formalize an affiliation agreement between the two companies. By affiliating, the insurers said they'll ...
Driverless Taxis Poised to be Transformational for Mass Transit
Mass transit, the lifeblood of cities worldwide, is under threat from the biggest innovation in automotive technology since Henry Ford's assembly line first flooded streets with cars. The ...
Friendsurance Carves Out Its Youthful Insurance Industry Niche
Friendsurance, a peer-to-peer insurance broker focused on making insurance easy and affordable to buy, seems right at home in Kreuzberg, perhaps one of the trendiest districts of south central ...
Embracing Technology Makes Good Business Sense: PCI Panel
Forget fearing technology and more technology-adept rivals. Embracing the change both bring to the table makes good business sense, a recent reinsurance industry panel concluded at the PCI Annual ...
The Data Mindset Disconnect: Why Frontline Employees Need to Think in Terms of Data
How many employees at your organization have a firm grasp on how the Internet really works? The number is likely very few. Layer in knowing how to use the power of the Internet to better all types of ...