Strategy
AXA Reportedly Considers Selling Off Its Central European Biz
French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it lacks scale, three sources familiar with the situation said. AXA is ...
Verifly Becomes Thimble and Raises $22M to Fuel On-Demand Insurance Growth
Thimble, formerly known as Verifly, raised $22 million in new financing designed to fuel further expansion and diversification well beyond its original focus on on-demand drone insurance. Existing ...
Ways for Insurers to Master the Art of Innovation
Insurance industry conversations about digitalization have noticeably shifted. A growing number of carriers now see InsurTechs not as existential dangers to their business models, but rather as ...
MS Amlin Exits Aviation Insurance Market
MS Amlin, the London-based global specialty insurer and reinsurer and subsidiary of MS&AD, confirmed its exit from the aviation insurance market, effective from Oct. 14 when it will cease ...
The Aftershocks of the Guy Carpenter-JLT Re Alignment
Now that the dust has settled following the historic merger of giant broker Marsh and Jardine Lloyd Thompson, the transaction's impact on the two firms' reinsurance broking units, Guy Carpenter and ...
PartnerRe Getting New CFO, First-Ever Chief Operations Officer
Some executive leadership changes are coming to global reinsurer PartnerRe. Executive Vice President and Chief Financial Officer Mario Bonaccorso plans to retire on March 31, 2020 to pursue a new ...
Perfection Is Overrated, and Learn How to Delegate for Once
Executives, just like anyone else, can feel overwhelmed. They can reverse this, in part, by challenging their perfectionism and learning how to delegate. A recent article posted at Harvard Business ...
Cambridge Mobile Telematics and Investor SoftBank See $$$ in Autonomous Vehicles
As of 2018, Cambridge Mobile Telematics was in a sweet spot. The Massachusetts-based company launched in 2010 was independent and had become profitable. Its technology used by insurers and others to ...