Strategy
Insurers Question Cloud Benefits
Nearly 40 percent of insurers remain unconvinced or dissatisfied with cloud computing, according to the results of a new survey, "Is Moving to Cloud Worth It?" by Celent, a research and advisory firm ...
InsurTech Root Says It Has No ‘Actionable’ Acquisition Bid
Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday's statement was issued following reports Root had received a bid from Embedded Insurance. The ...
Carrier Tech Investments Mean More Than Commissions: Agents Survey
Prioritizing technology investments to enhance the broker/agent experience and improve customer service offers insurance carriers competitive advantage, according to a new survey of U.S. agents and ...
How to Be Strategy-Focused: The Balanced Scorecard Explained
While a transformation is a daunting task for any carrier, American Modern used a tool known as Kaplan and Norton's Balanced Scorecard and Strategy to map out the way forward and develop checkpoints ...
TypTap Insurance President Talks About InsurTech’s First Profit, Future
When HCI Group's TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company's plan to rely heavily on mapping technology and property data. This ...
How InsurTechs Will Need to Adapt in a Challenging Funding Environment
Economic uncertainty is leading to a challenging funding market for InsurTechs, and John Swigart, co-founder and CEO of Pie Insurance, said he doesn't see that changing any time soon. This means ...
How to Create an Adaptive Insurance Organization
The appetite for risk is evolving in the insurance industry. The events of the last few years—volatility from inflation, climate change, regulatory updates, and technological innovations just to ...
How Carriers Can Use Business Intelligence to Find the Right Agency Partners
These days, there is no shortage of conversations around the importance of data—how to collect it, how to analyze it and how to act on it. Businesses have access to vast amounts of information that ...