Strategy
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 ...
Catastrophes Give Insurers a Chance to Show Their Humanity, Says W.R. Berkley’s CEO
The aftermath of Hurricane Michael and other catastrophes this fall gives insurers a chance to show that they care about more than just numbers, W.R. Berkley's president and CEO said. "Hopefully this ...
InsurTech Profile: Kordinator Adds Empathy to Automated Customer Service
Automated customer service is a fact of life. In fact, many people are more comfortable sharing personal details with a machine than with a human. But automation must appreciate that not every ...
Chubb CEO Greenberg: New Lloyd’s Leader Neal Has His Work Cut Out for Him
Chubb President and CEO Evan Greenberg offered positive words about new Lloyd's of London CEO John Neal, though he cautioned that the venerable insurance marketplace has a long way to go to address ...
Aspen Contacted More Than Two Dozen Potential Buyers, Filing Says
Although Aspen Insurance Holdings, through its representatives, reached out to 26 potential parties to find a buyer for the company, 17 said they weren't interested right off the bat, according to ...