Leadership & Strategy
State Farm Invests $1.2B in ADT; Adopts ‘Predict and Prevent’ Mindset
State Farm and ADT, a smart home provider, announced that State Farm will make a $1.2 billion equity investment in ADT, a move that will give the nation's largest insurer a 15 percent ownership stake ...
Why Some Firms Beat the Post-IPO Innovation Slump
Researchers from Goethe University, Duke University, and London Business School published a new paper in the Journal of Marketing that explains why some companies remain innovative even after they go ...
Know Your Priorities: A Key Step in Effective Planning
We've all lamented the times when we acted impulsively. The expression "Ready, fire, aim!" comes to mind. Unfortunately, many of us use this approach in handling our work and our days. This ...
What Does an Ideal Strategic Planning Process Look Like?
It's coming up on that time of year when the kids head back to school and summer activities and vacations are winding down. It's time to settle in for the last push to year end. In the life of a ...
Truly Transformative Tech: Hype vs. Results
As digitization across the insurance industry accelerates, it can be tempting for insurers to jump on the proverbial bandwagon and devote resources to every new technology that promises fundamental ...
Viewpoint: The Connection Between Celebrations and a Strong Culture
What will draw employees to work and keep them engaged? If your organization is wrestling with that question, you're not alone. Insurers — like many other industries — are struggling to retain ...
Erie Insurance Launches Venture Capital Fund
Erie Insurance has launched a venture capital division dedicated to investing in and providing support for visionary entrepreneurs. Erie Strategic Ventures' focus will span the personal and ...
InsurTech Founders Say Launching an MGA Means Learning to Juggle
Any founders considering launching an InsurTech MGA should learn how to juggle, panelists said during a discussion hosted by Socotra CEO Dan Woods at the 2022 OnRamp Insurance conference. "I don't ...