Leadership & Strategy
Insurers, Banks, Investors Worth a Combined $130 Trillion Pledge to Prioritize Limiting Climate Change
Banks, insurers and investors with around $130 trillion or 40% of the world's capital at their disposal pledged on Wednesday to put limiting climate change at the center of their work. An ...
Russia’s Yandex Follows Tesla Route With Safe Driver Insurance Discount Program
Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told Reuters, using machine learning in a pilot program similar to one ...
ITC Reporter’s Notebook: How Next, Root and Swiss Re Are ‘Adapting’ and Innovating
Over the course of the last six years, Next Insurance has adapted its business model, its distribution method, and its product offerings. Coming up next, the InsurTech aims to offer "adaptive ...
Carriers Moving Toward Independent Models Will Need to Provide Support to Reap Benefits
The property/casualty insurance market is seeing its biggest shake-ups in recent memory. New players, shifting customer expectations, consolidation and new operational models have all hit the market ...
The Value of a Handwritten Note
Do you remember the last handwritten note you received? Even more, do you remember the last handwritten note you sent? With our technologically enhanced communications, it is just so convenient to ...
U.S. Insurers Hear Demands to Use Social and Environmental Issues in Decision-Making
U.S. insurers are increasingly listening to demands from stakeholders that they use social and environmental factors in their decision-making, according to a new AM Best survey. The ratings entity ...
Chubb CEO Greenberg: More Than Climate Change Drives Climb in Natural Catastrophe Insured Losses
Chubb, like all P/C insurers, is seeing regular spikes in commercial and personal property insured losses due to increasingly costly natural catastrophes. Chubb Chairman and CEO Evan Greenberg said ...
Lloyd’s of London Slimed by Climate Protestors Spilling 220 Gallons of Fake Oil Outside HQ
Climate protesters spilled a 1,000 liters (220 gallons) of fake oil outside Lloyd's of London Friday, part of a campaign to draw attention to the finance industry's financing of fossil fuels. The ...