Leadership & Strategy
Insurance Industry Ripe for Human-Centered Innovation
The key to innovation in the insurance industry is "outside-in" thinking, according to an executive from Nationwide, who uses the term to reinforce the idea that customer-centric mindsets are the ...
InsurTech Blink Launches Non-Damage Business Interruption Parametric Product
Irish InsurTech Blink has started marketing a hurricane non-damage parametric insurance product designed to provide liquidity to small and medium-sized businesses after a natural disaster. Called ...
Allstate Only Hires Banks for Bond Sale Owned by Minorities, Women or Veterans
Allstate Corp. hired solely banks owned by minorities, women or veterans for its bond sale, in the biggest corporate deal yet managed only by diverse firms. The insurer enlisted Loop Capital Markets, ...
Betting on Breakthrough Innovation: Shoot for the Moon
While it is often easier for P/C insurance and reinsurance executives to rally around incremental innovations, in order to really transform their organizations they need to fund some moonshots, ...
CEO Viewpoint: American Modern’s Kleiner Offers 6 Resiliency Tips for Any Leader
In the corporate world, some of us hold titles that automatically define us as a leader. However, if you need to use that title to be recognized as such, you will surely fail. Leadership is often ...
Aon Nails Down $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk
Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. to protect insurers and reinsurers against systemic and catastrophic cyber events. Aon and HSCM (an ...
U.S. Insurance Execs Insist They Are Working to Fix Diversity Shortcomings
When Jerald Tillman and Mike James started their careers more than 20 years ago, working in the U.S. insurance industry was not on their radar, but programs to attract Blacks and other minorities ...
General Motors Debuts Usage-Based Auto Insurance Supported by OnStar Vehicle Data
General Motors Co on Wednesday launched an auto insurance program with the help of its OnStar subsidiary, joining a growing field of companies hoping to cash in on the vast amounts of data generated ...