Strategy
Carrier Growth Strategies Diverge: Disruption Impossible for Some, Embraced by Others
We hold these truths to be self-evident: A shrinking insurance company will sooner or later run afoul of regulators, rating agencies, distributors and customers. It is virtually impossible to ...
The Institutes Completes Blockchain Proof-of-Auto-Insurance Product; Nationwide to Test
The Institutes' work with insurers in the blockchain space has led to a debut product – a tool designed to establish proof of auto insurance. Nationwide is the first carrier to bring it to ...
Volante Global Debuting in Early 2018 as Multi-Class International MGA Platform
Volante Global Ltd will launch and commence trading during Q1 2018, subject to Lloyd's coverholder approvals where appropriate. The new multi-class and multi-territory international managing general ...
Travelers to Launch Dublin Subsidiary for Post-Brexit Business
Travelers will create a European subsidiary in Dublin in order to serve its customers in a post-Brexit market, the insurer disclosed. Travelers Europe announced it will launch the subsidiary in the ...
Lemonade Secures $120M in New Financing to Fuel Global Expansion
Digital insurer Lemonade Inc. announced a $120 million Series C funding round it will use to help accelerate a global expansion in 2018. SoftBank Group led the round, joined by existing investors ...
Teach Your Workforce to Adopt a Hacker Mindset
"The best way to train employees to defend against hackers is to teach them how to think like one," says HackerOne CEO Marten Mickos in a recent Harvard Business Review article. Mickos notes the ...
Travelers’ Longtime President/COO MacLean Will Retire in Early 2018
Brian MacLean, The Travelers Companies' longtime president and chief operating officer, plans to retire in early 2018. MacLean, a 30-year Travelers veteran, has served as president and COO since June ...
American Family Beefs Up Data/Analytics Capabilities With Networked Insights Acquisition
American Family Insurance has purchased a data and analytics software company in a move it said will help accelerate its digital transformation. Financial terms were not disclosed for American ...