Strategy
Pre-Bailout CEO, Exec Pay Returns to AIG
American International Group Inc's new Chief Executive Brian Duperreault has pledged to revive the insurer's glory days of top talent, underwriting discipline and fat profit margins. One thing he has ...
Safe Driving Algorithm Project Begins Involving Sompo Japan, Accenture and a Japanese Cab Company
Sompo Japan Nipponkoa Insurance, Accenture and a Japanese cab company will work jointly to develop a deep learning algorithm designed to help better understand driving behavior and improve safety in ...
Introducing the QBE, Arrowhead Partnership for Small Commercial
When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America's small commercial insurance ...
Proactive Change Management Can Help Companies Avoid Confusion, Resistance
Companies must be proactive when it comes to developing a change management strategy or risk confusion and resistance among staff, says project management expert Moira Alexander in a recent article ...
New P/C Insurance Products Delayed by Old Policy Form Tech: Novarica
A reliance on manual processes and inadequate technology leaves property/casualty insurers with major delays in updating their coverage forms. A new industry report found that as a result, most ...
Telematics Startup Roost Raises $10.4M From Three International Insurance Companies
Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies. Aviva Ventures led the Series B financing; ...
Suit Alleges Nestle’s Poland Spring Passes Off Ground Water as High-End H20
Nestle SA's Poland Spring Water unit has duped American consumers into paying premium prices for ordinary ground water that's pumped from some of Maine's most populated areas, rather than from ...
Prudential Reportedly Plotting Escape From ‘Too Big to Fail’ Label
Prudential Financial Inc. is laying the groundwork to escape the government's label that it's too big to fail, a move that would dramatically reduce federal oversight of the largest U.S. life ...