Innovation
XL Group’s McGavick: Life Re Biz Sale Took Years of Planning
XL Group concluded its 2014 first quarter with some encouraging results. But it seemed like all CEO Mike McGavick wanted to talk about at first, during the company's May 2 earnings call, was the ...
WSI is Rolling Out a Longer-Range Hurricane Forecast Model
A division of the company that brings viewers The Weather Channel will formally launch a new 15-day hurricane forecast model in May, a considerable advance over the predictive norm, which only ...
The New Insurance Marketing Playground
When Marissa Buckley asked her focus group their general thoughts regarding shopping for homeowners insurance, the responses were brutally honest. "I'd rather stick a needle in my eye" and "I'd ...
SMA: Next-Gen Insurers Will Succeed By Innovating Inside and Out
Insurers of the future must innovate in everything they do, from their business models to products and services, infrastructure and customer approaches, a new research report from Boston-based ...
Hacking Threat Is Real For Global Shipping Fleet
The next hacker playground: the open seas—and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet. In this internet age, as more devices are hooked up ...
AIG Aims to Be Smartest Casualty Insurer, Schimek Says
Innovation and customer focus are central to the strategy of the one of the nation's largest property/casualty insurers, for which being the biggest competitor is not the primary goal, according to ...
Developers Wanted by Progressive for Driver Behavior Smartphone App
Progressive is working with application developers to find a way to use mobile phones to measure customers' driving behaviors, the auto insurer said in an announcement yesterday. The announcement was ...
Why Insurance Execs Should Stop Seeking ‘Big Splash’ Ideas
Imagine an idyllic, pristine beach in Mauritius in the Indian Ocean. A breeze off the ocean holds the scent of flowers. The horizon, naggingly punctuated by tiny container ships, dissolves into the ...