Leadership & Strategy
XL Group’s McGavick: Brokers Rule in a Global P/C Insurance Market
With today's globally focused property/casualty insurance market, brokers wield the greatest influence, XL Group CEO Mike McGavick asserted at a recent industry forum in the U.K. "Brokers hold the ...
Scor CEO Warns Insurers Face ‘Huge Cost’ From Quantitative Easing
The European Central Bank's bond-buying plan may not help the region's economic recovery while it makes the investment decisions harder for insurers and reinsurers, Scor SE Chief Executive Officer ...
Who Will Be Your Next Leader?
When Sally Smith became the chief executive officer of Buffalo Wild Wings in 1996, it wasn't exactly a planned event. According to Smith's account published in the New York Times (as part of Adam ...
NAMIC: FAA’s Proposed Drone Rules Raise Liability Concerns
With commercial use of unmanned aerial systems, also known as drones, expected to increase markedly, the door is open for the insurance industry to take on the challenge of insuring this emerging ...
Two Verisk Divisions Address Cyber and Hail Risks With New Products
Hail and cyber attacks are two of the bigger property/casualty risks, one long-standing and the other, a fast-evolving problem. Two Verisk Analytics subsidiaries have rolled out new products designed ...
The Changing of the Guard: Comparing the Old and New
Property/casualty insurance carriers say they won't be looking for carbon copies of the incumbent CEO when they seek out his or her potential replacement, but they're not looking for someone very ...
Insurance IT Investment Will Grow in 2015, With Large Carriers Leading
Insurers plan a healthy average increase in information technology investment for 2015. But the spending hike favors larger carriers more than their smaller rivals, a new industry report from ...
Liberty Mutual Finishes Out 2014 Strong, But Catastrophe Losses Grow
Liberty Mutual Holding Company finished out 2014 with gains in net written premium, net income and an improved combined ratio. But catastrophe losses jumped substantially due to costs from a number ...