Strategy
Building an Effective IT Strategy
When it comes to IT strategies, they should persist over time. The amount of time is a bit different for every organization, but as a rule of thumb, if the IT strategy changes every year or two, ...
The Three Metrics That Matter Most for Managing Litigated Claims Costs
Insurers place major importance on measuring the costs for litigated files, according to a new LexisNexis industry survey. A sizable majority of respondents say that metrics such as average case ...
Peer-to-Peer Insurance Startup Attracts Funding from Silicon Valley’s Sequoia Capital
Sequoia Capital, a California venture firm better known for funding technology or industry game-changers including Apple, Cisco and YouTube, has put its money behind a property/casualty insurance ...
Small-Business Insurers Looking to Direct Channel: Deloitte Survey
The small-business segment is a market in transition, with a number of insurers starting to follow the lead of their personal auto counterparts by seeking to sell direct to customers rather than ...
‘Westchester’ is ACE/Chubb’s Combined North America E&S Wholesale Business
ACE Limited, mapping out logistics of its planned $28 billion Chubb acquisition, will combine several divisions from both companies into a new North America excess and surplus lines wholesale ...
What Linus Teaches About Innovation
I have been bonked all afternoon. It's that time of year. Brooklyn's stoops, plumped by great pumpkins, are bright with autumn leaves. Sweeping up means braving the barrage of falling kernels, ...
Eight Lloyd’s Syndicates Commit $400M Capacity to Fill Cat Protection Gap
Eight Lloyd's syndicates are joining forces to tackle the problem of underinsurance in emerging economies across Latin America, Africa, and Asia—committing capacity of $400 million towards ...
Zurich Exiting P/C Business in Middle East
Zurich Insurance Group Plc said it will stop writing general insurance business in the Middle East at the end of month because of the "limited potential" for profitable growth. The decision to exit ...