Strategy
Trōv Founder Walchek: 7 Tips for Startups Partnering With Incumbent Insurers
Trōv is a tech startup that's introducing the world to a new way to insure their things: on-demand for any duration, entirely from a smartphone. We've had to reinvent the insurance ...
The Hanover’s Chaucer Acquires Lloyd’s MGA Focused on Sports, Leisure, Entertainment
The Hanover Insurance Group snatched up a Lloyd's managing general underwriting agency based in Australia, in a deal that will boost its competitive status there and also expand its overall specialty ...
Buffett’s Berkshire Hathaway Will Become Bank of America’s Biggest Shareholder
Warren Buffett's company will become the biggest shareholder in Bank of America Corp, after Berkshire Hathaway Inc on Friday invoked its right to acquire 700 million shares of the second-largest U.S. ...
Three Essentials for Innovation
All companies must innovate or risk getting "stuck in a zero-sum game, in which their gain can only be another's loss," says strategy and innovation consultant Ken Favaro in a new article for PwC's ...
Getting Ready for AI: A 5-Step Practical Approach for Insurers
Artificial intelligence (AI) is rapidly proving its business worth across many industries, and insurance is no exception. AI can enable smarter ways to sell products and services, whether powering ...
Icahn Appears Ready to Give AIG CEO Duperreault a Chance
Billionaire Carl Icahn, one of the largest investors in American International Group Inc., is easing off his demands for a breakup of the insurer after the company sold assets and brought on a new ...
New AIG CEO Duperreault Reiterates Desire to Focus on Acquisitions over Share Buybacks
American International Group Inc's new chief executive Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions. "I'd love to ...
Realistic Steps for Improving Your Return on Insurance Data
The insurance industry's return on investment has reached its lowest level in decades, according to the 2016 Annual Report on the Insurance Industry by the U.S. Federal Insurance Office. Primary ...