The Bottom Line: Why Property Insurers Need to Move Past IoT Exploration to Strategy Integration
Bottom-line impact from technology investments starts at the top for property insurers.
At HSB and the IoT Observatory, we believe that ...
Leadership & Strategy
Creating the Tipping Point for Insurance IoT: How HSB and Its Partners Are Creating a Playbook for the Future
Over the past several years, the property/casualty insurance industry's use of Internet of Things (IoT) has significantly accelerated. Beyond auto telematics, P/C ...
The State Farm Vision: Ecosystem Capabilities for the Insurer of the Future
A century-old insurer is evolving to help people manage the risks of everyday life, recover from the unexpected and realize their dreams in an increasingly hyperconnected ...
More Than an Observer: Carbone Still Igniting Industry’s IoT Passion
There's an image accompanying the next article of this special report showing a closeup profile view of a visionary whose mind is connected to a network of things. (The ...
A Turnaround Story: Boost People, Then Financial Results, Aspen CEO Says
The turnaround at Aspen Insurance Holdings—the result of a multipronged, multiyear effort—is bearing fruit with a return to consistent profits. Mark Cloutier, ...
Why Strategic Implementations Fail and the Counterintuitive Way to Address It
What do you think is the biggest threat facing property/casualty insurers today?
Is it escalating claim volumes? Litigation? Higher ...
What to Expect: 8 InsurTech Predictions for 2024
2023 has been a tough year for InsurTechs to raise the Venture Capital they need to grow. Investors turned their backs on whole categories like full-stack carriers and direct-to-consumer startups. ...
Artificial Intelligence Not Main Cause of Recent Insurance Layoffs: AM Best
AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs. In commentary released today, the credit rating agency wrote that "it is too soon to cite AI ...
Zurich’s Farmers Seeks More Fee Income Via Broker Acquisitions
Zurich Insurance Group announced that its subsidiary, Farmers Group Inc. (FGI), has agreed to acquire three insurance brokers of the Farmers Exchanges for $760 million. The deal also includes the ...
Cultivating Virtual Management Skills for the Hybrid World
The majority of the insurance workforce is now hybrid — if not fully remote — with just 4 percent of companies requiring employees to come into the office every day. ...