Leadership & Strategy
Prudential Reportedly Plotting Escape From ‘Too Big to Fail’ Label
Prudential Financial Inc. is laying the groundwork to escape the government's label that it's too big to fail, a move that would dramatically reduce federal oversight of the largest U.S. life ...
Going Agile Requires Business Leaders to ‘Put Skin in the Game’
Leaving digitization solely in the hands of the IT department is a recipe for failure, says a recent article from McKinsey & Co., noting that going agile requires business leaders and IT to take ...
AIG Is Reportedly Trying to Sell $2B Portfolio of Life Settlements Business
American International Group Inc wants to sell a $2 billion portfolio of life settlements that would pay out when sick or elderly customers die, two people familiar with the matter said. AIG, the ...
Executives On The Move at AmTrust and Greenlight Capital Re
AmTrust has a new chief information officer, an executive chosen from within the company. Greenlight Capital Re hired an outside executive to fill the newly created position of chief operating ...
P/C Insurance Carriers, InsurTechs Benefit on Multiple Levels From Partnerships
Startup InsurTechs need partnerships more than they need money from insurance carriers, according to one leading venture capitalist actively funding insurance technology firms. Venture firm XL ...
Berkshire Hathaway Builds Stake in Synchrony, but Exits Its Former Parent GE
Warren Buffett has long preached the importance of investing in businesses that are hard for competitors to copy. That may be part of why his Berkshire Hathaway Inc. built a $520 million stake in ...
Nurture Future Strategic Leaders by Empowering Decision-Making, Accepting Failure
While a leader with strong operational skills may be enough to help a company maintain the status quo, strategic leaders with the know-how, experience and confidence required to tackle the "wicked ...
Confessions of a Recovering Underwriter and InsurTech Founder
"So…you'll be CEO of a website???" That was my parents' confused reaction two years ago, after I spent 30 minutes walking through the rationale behind why I was going to leave the traditional ...