Leadership & Strategy
How Not to Innovate
Acuity Insurance CEO Ben Salzmann has a theory about making innovation happen—and it doesn't involve hiring geniuses who dream up new ideas independently. "You could take Albert Einstein and Thomas ...
Starting in the NICU: Bringing in the Next Generation
Employees of all ages work at Sheboygan, Wisc.-based Acuity Insurance, and while other carriers find it hard to attract the youngest generation, CEO Ben Salzmann has a formula that starts when some ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
The Latest Launches From Lloyd’s, Sompo International and Beazley
Lloyd's now offers an insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. Sompo International Holdings Ltd. said one of its U.S. units partnered ...
Presenting HSB: The New Name for Munich Re’s Hartford Steam Boiler
Munich Re's Hartford Steam Boiler is formally rebranding itself with a new name – an acronym of the moniker it has had for 154 years. The Connecticut-based specialty insurer will now be known ...
Markel Combines Two Divisions to Create Enhanced Specialty Unit
Markel is combining its Markel Specialty and Markel Assurance divisions into one division called Markel Specialty, which launches on April 1. The new division will preserve the company's current ...
How Insurance Executives Can Harness the Power of Behavioral Economics
Property/casualty insurers, whether they know it or not, are well-schooled in behavioral economics. We used to intuitively understand business success was about customer relationships and driving a ...
When High Turnover Can Be a Very Good Thing
Higher turnover in a department or company isn't a bad thing. Rather, it can lead to higher productivity in the long run. Research highlighted in a recent Kellogg Insight posting (part of the Kellogg ...
Unqork, a No-Code InsurTech Software Startup, Raises Major Financing Round
Unqork has raised $51 million in new financing, money it plans to use to fuel additional growth and expansion for its no-code application platform that helps large businesses rapidly build complex ...