Leadership & Strategy
The Hardest Part of Innovation in Insurance Isn’t Technology; It’s Culture
The insurance industry is notoriously behind the curve when it comes to innovation. But what explains the gap between insurance and other industries? In my experience, innovation in insurance isn't ...
A Practical Blueprint: The Five Plays of an Innovation Culture
In Part 2 of a series of articles on innovation in insurance, "The Hardest Part of Innovation in Insurance Isn't Technology; It's Culture," Haden Kirkpatrick offers some remedies to fix incentives, ...
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Co. Launch
Four surety companies—Chubb, The Hartford, Liberty Mutual and Travelers—announced the launch of a technology company that will feature a shared digital infrastructure to advance the surety ...
Executive Utterances: On Presenting
The fastest way to lose a room is to start talking before you've said anything worth hearing. Whether you're presenting to an audience of 1,000 or speaking to your own work group, the first words you ...
Why Reciprocal Insurance Exchanges Are Back in Fashion
Reciprocal insurance exchanges have been increasingly popular in recent years, with third-party investor interest in the fee-for-service businesses that manage RIEs and waning property insurance ...
How One MGU Grew Fivefold When Capacity Fled Cat-Prone Property Markets
"There was nobody there." That was part of the simple answer Terrence McLean, chief executive officer of SageSure, provided when asked why his company had to pursue complex launches of multiple ...
Unique Structure of Reciprocal Insurance Exchanges Offers Release Valve on Pressurized Markets
In states such as Florida, Texas and Louisiana that have experienced numerous weather-related challenges and heavy claims activity in the last decade, newly established reciprocal insurance exchanges ...
The Art of Negotiation: Benchmark, Bundle, Trade
"Everything is a negotiation," says leadership expert John Burrows. Whether you're working on a multimillion-dollar M&A deal, arguing for a better salary during a job offer, or simply trying to ...