Innovation
Q&A: Why Carrier Product Technology is an Indicator of Organizational Culture, Priorities
The perception that the insurance industry does not embrace or utilize technology as efficiently as it could is simply not true, says Craig Beattie, senior analyst for UK-based research company ...
Usage-Based Products On Way to Being Standard Auto Insurance Offering
Technology is spurring innovation and altering risk scenarios throughout the economy including in auto insurance. While advanced auto safety features, the shared economy and driverless cars promise ...
Surge in Firms Based in Emerging Markets to Reshape Corporate World: McKinsey
The number of large emerging market companies will surge in coming years and they will become competitors but also customers for rich-country firms, according to a new study. Almost three-quarters of ...New York’s Regulator Urges Obamacare-Like Standardization of Homeowners Policies
Homeowners' insurance needs to be more standardized because customers are confused about what their policies protect, New York's financial regulator said. Few fully understand all the complexities of ...
Insurers’ Private Wildfire Crews Offer Wealthy Homeowners Extra Protection
Bill Potter wasn't eager to abandon his high-end house last month during evacuations forced by a massive Idaho wildfire, but he felt reassured when his insurance company sent a team to protect his ...
Boat Owners, Insurers Testing Waters of ‘Sharing Economy’
Getting out on the open sea, wind in your hair, enjoying the ride with your family and friends. Then there's the boat payments, storage fees, fuel, maintenance and repair — these costs can quickly ...
Trigger Finger: Apple Fires Biometrics into the Mainstream
By adding a fingerprint scanner to its newest mobile phone, Apple Inc. is offering a tantalizing glimpse of a future where your favorite gadget might become a biometric pass to the workplace, mobile ...
XL’s Seraina Maag: Building a Culture of Collaboration
"Work-Outs" and "Rapid Results Initiatives" are now a natural part of the language of the U.S. insurance professionals working for XL Group, where a culture of collaboration has taken hold over the ...