Strategy
AIG Selling Fairfax Financial Some Latin America, Central and Eastern Europe Operations
American International Group will sell off some of its Latin America, Central and Eastern Europe operations to Fairfax Financial Holdings Ltd., and the two companies in turn expect to form a ...
InsurTech Founders Are Often Not Insurance Industry Veterans
As InsurTech companies increase in number and scope, the P/C industry may be surprised about one thing: only a small number of founders may actually be insurance industry veterans. So says, Tim ...
Insurers Risk Plenty by Keeping Their Technology Budgets Static: Novarica
Insurers' technology budgets remain flat in an age of disruption and technology - a risky move in the face of increased rivalry from tech-enabled upstart competitors, consulting firm Novarica said in ...
British Government’s Planned Brexit Trigger is Unconstitutional Power Grab: Attorney
Lawyers seeking to force the government to hold a Parliamentary vote on whether to leave the European Union told a panel of three senior judges that Prime Minister Theresa May's bid to trigger Brexit ...
GEICO 10 States Closer to Marketing Ridesharing Insurance Nationally
GEICO said it is now selling its ridesharing coverage in 10 more states, beyond the 24 states and the District of Columbia where it has already been on sale. The new states added to the sales map: ...
AIG Transfers 25,000 Brazilian Auto Policies to Porto Seguro Unit
American International Group Inc.'s business in Brazil agreed to transfer about 25,000 auto policies to a unit of Porto Seguro SA as the U.S. company scales back its international businesses. The ...
AXA CEO Reportedly Denies Plans to Merge With Large Rivals
French insurer AXA has no plans to merge with large rivals, its chief executive told a German newspaper, responding to recent speculation about a possible takeover of Italian peer Generali. "That ...
CEOs Succeed by Making Time Alone to Think
One way the best CEOs get important work done is by pulling partially back from their executive staff in order to think and focus. Bain & Company partner James Allen argues that this is an ...