Strategy
How Embedded Insurance Can Help Serve Customers, Close the Protection Gap
Insurers are battling to attract new policyholders as costs per claim rise. McKinsey estimates show rising costs contributed to a $30 billion increase in loss costs in 2021, over and above historical ...
CSAA CEO Says ESG Efforts Are Becoming an Important Part of Insurers’ Hiring Efforts
Environmental, social and corporate governance, or ESG, is increasingly becoming an important part of the hiring process as employees seek careers that align with their values. Insurers navigating a ...
How to Create Fully Integrated, Personalized Telematics Offerings—And Make a Profit
Today, dozens of insurers have launched telematics offerings, indicating that it is a prerequisite for remaining competitive; however, most insurers in the market are still unable to fully ...
Everest Insurance Launches Branches in France and Germany
Everest Insurance, the insurance division of Everest Re Group Ltd., announced its further expansion into the European market with the opening of two new branches in Paris, France and Düsseldorf, ...
CEO Viewpoint: How We’re Supporting Employees, Rethinking Benefits
Insurance has a reputation for being slow to evolve and steadfastly traditional. The industry has started shattering this stereotype by leaning into innovation and embracing technologies that enable ...
Requiring Citizens’ Policyholders to Also Buy Flood Insurance Could Address Problems
Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected to be as high as $16 billion – almost half as much as insured ...
Viewpoint: How Progressive’s Relationship With ‘The Robinsons’ Could Be at Risk
Progressive offered a rare look inside its strategic playbook in a recent second-quarter earnings report. Describing the firm's market share in key customer segments, the report highlighted one group ...
Taking Action: How Insurers Can Lead by Example With ESG
As environmental, social and governance issues are increasingly becoming a bigger topic of discussion in the insurance industry, Thomas Troy, president and CEO of CSAA Insurance Group—a provider of ...