Innovation
A Conversation on Innovation and the Industry’s Future With ACORD’s Hartnett
There are not many insurance executives who will quote inventor Thomas Edison, Microsoft's Steve Baumer, futurist Alvin Toffler, Moore's Law, and philosophers Aristotle and Plato. There are also not ...
ACORD’s First Innovation Chief Talks About the Importance of Culture
There are not many people in the insurance business who can flash business cards with the title "head of innovation." Bill Hartnett, a former executive in the insurance division at Microsoft, was ...
The Latest Launches from RLI, Marsh and Everest Re Group
RLI Insurance Company, Marsh and Everest Re Group Ltd. all have new products this week: *** RLI Insurance Company has begun offering jewelry insurance. The online product will provide customized ...
Building a New Business Model at Blue Marble Microinsurance
As with many modern businesses, Blue Marble Microinsurance Inc. began with the same question entrepreneurs and innovators ask themselves every day: What can we do differently that will eliminate ...
How to Embed a Culture of Innovation
It may have a reputation for conservatism, but the insurance industry is no stranger to innovation. If we look back through history, we see that insurance has driven innovation in crime prevention, ...
Allstate’s Esurance Debuts Pay-Per-Mile Auto Insurance
Allstate-owned Esurance has begun marketing auto insurance for which consumers essentially pay by the mile. The new product is called "Esurance Pay Per Mile," coverage enabled by a small telematics ...
Slowly But Surely, Insurers are Turning to Mobile and Big Data
Insurers are increasingly investing in new technology areas such as mobile and big data along with the usual legacy system updates, Novarica found in its latest annual study of U.S. insurer IT ...
ACE Buys 24% Stake in Tech Outfit Developing Online Commercial Insurance Platform
CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to build an online commercial insurance platform starting with businessowners policy ...