Strategy
The Remaking of Verisk as an Insurance-Focused Firm (Again) Is Underway
Last week, information services firm Verisk said it had taken steps that align with one investor's call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk ...
Specialty Insurer Transformations: Forge Group Stock Offering; ProSight Rebrand
Two specialty lines insurance organizations announced different types of transformations in recent days. Amalgamated Casualty Insurance Company is becoming Forge Insurance Company, and ProSight ...
Stop the Deluge: Why P/C Leaders Should Rethink Project Management
After much deliberation and seemingly endless back-and-forth, strategic goals and objectives for the year are now set. Many company executives already have a good idea of the initiatives they want ...
How Downtime Insurance Became a Thing
A single hour of downtime from mission-critical, third-party IT service providers can cost small and medium-sized enterprises tens of thousands of dollars, but traditional insurance often does not ...
Executive Viewpoint: Five ESG Trends for the Insurance Industry in 2022
During the past year, "ESG" (or Environmental, Social, Governance) became a more familiar acronym in boardrooms, customer conversations and even in day-to-day internal discussions. This is rightfully ...
How to Improve Insurance Outsourcing Contracts
(Part 2 of 2) Most insurance outsourcing contracts favor the provider, according to our firm's analysis of the language in typical contracts in place today. In our previous article, we graphically ...
Why Are Insurance Outsourcing Contracts So Bad?
The insurance industry has changed dramatically over the past decade in response to increasingly stringent regulations, changing consumer preferences and falling interest rates. Over just the past 18 ...
The Important Two-Letter Word Carriers Will Need to Use in 2022
One of the most important words insurance carriers will need to know heading into 2022 is simple: No. At least, that's according to Marie Carr, principal of global growth strategy, insurance and ...