Leadership & Strategy
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 ...
Insurance-University Partnerships: Zurich AI Lab; ACORD Executive Ed
Collaborations between insurance industry enterprise and universities were announced this weekâone between ACORD and St. John's University and the other between Zurich Insurance Group, the ...
Tokio Marine Weighs More Than $10 Billion of International M&A
Tokio Marine Holdings Inc., Japan's top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the ...
Reimagining Homeowners Insurance in the AI-Powered Claims Era
Historically, the insurance claims process was built on paper files, and that infrastructure has not fundamentally changed in more than 100 years. It's long overdue for a refresher. Even as carriers ...
Insurance Leaders Can Leverage AI to Become Industry Influencers
A group of insurance executives met recently for a company meeting. Following their discussions of sales and product development plans, they attended training to become thought leaders. To start the ...
Insurance AI Pilots Without a Framework Are Risky Business
The insurance landscape is complex for many reasons. There are a multitude of products, riders and needs. Insurance is sold through four channels: company-tied agents (captive), multi-carrier brokers ...