Strategy
InsurTech Pilots and Pivots: Learning by Doing and Undoing
"If you can't admit a failure, you're not an entrepreneur. You are not a good business person. There's nothing brilliant about what you are doing." –Mark Cuban InsurTechs are great for the industry ...
AIG CEO Duperreault Cautions Initial 2019 Underwriting Profit Won’t Be ‘A Great One’
American International Group has continued to face General Insurance underwriting losses since President and CEO Brian Duperreault took the helm of the struggling insurer in mid-2017. He remains ...
QBE Creates Three Global Units in Structural Revamp; Exec Teams Named
QBE announced changes to its structure, designed to further simplify its operations and build a more streamlined, agile and customer-oriented business. Following the underwriting remediation in Asia, ...
The Latest Launches From Chubb and Next Insurance
Chubb has started using its digital platform to sell insurance products for the small commercial market. Next Insurance now markets a general contractor insurance policy for small ...
UBI Insurance Is Not Usage-Based. Sorry, Not Sorry!
Usage-based pricing is a fascinating topic for insurers. A technology that allows persistent monitoring of risk exposure during the coverage period could potentially enable insurers to price each ...
Liberty Mutual’s Safeco to Take EMC’s Agency Personal Lines Biz
With an intention to focus on commercial, reinsurance and life insurance business going forward, EMC Insurance Companies announced an agreement with Safeco Insurance related to its existing personal ...
Startup vs. Incumbent: The Battle Rages as InsurTechs Grow Fast But Fail to Show Profits
How far will they climb? How far can they fall? Will innovative InsurTech startups rocket past established players? Those may be some of the unspoken questions beneath a series of articles written by ...
Changing the Conversation About InsurTech—With Numbers
Although the term InsurTech (or insuretech) has been part of the property/casualty insurance industry's lexicon for at least two years, stories about the technology-based insurance startups were ...