Strategy
Driverless Cars Seen as Inevitable Game-Changer For Insurance and Transportation
Picture a work day that begins like this: You step out of your house and into a self-driving vehicle, which carries you comfortably and safely to your office while you read the newspaper. After ...
Swiss Re CFO: Regulators Should Keep Cat Bonds From Risky Repackaging
Swiss Re AG, Europe's second-biggest reinsurer, said regulators should prevent catastrophe bonds from being repackaged like subprime mortgages. "It's important for traditional players like us and ...
At RIMS 2015, Cyber Threats were High on the P/C Industry’s Priority List
The insurance industry is increasingly concerned about protecting clients against the growing and poorly understood problem of cyber threats, a group of underwriters and brokers told an audience of ...
Beazley Grabs Former Hiscox Exec to Grow Miscellaneous Medical Business
Beazley Group brought on a former Hiscox executive to help expand its miscellaneous medical insurance capabilities. Christopher Dunlavy will be based in Beazley's Atlanta office. The miscellaneous ...
P/C Industry Risks Underestimating Walmart, Google, Other Market Upstarts
Those with long careers in the insurance industry have seen newer entrants founder on the shoals of our business. Many well-intentioned outsiders don't understand the innate complexities of the ...
Genworth May Go Private and is Open to Selling Long-Term Care Unit
Life and mortgage insurer Genworth Financial Inc is considering going private and would be open to selling its long-term care insurance unit, among other strategic options, Chief Executive Tom ...
Allstate’s Esurance is Major League Baseball’s New Exclusive Auto Insurance Partner
Esurance has become Major League Baseball's exclusive auto insurance partner in a multiyear agreement that includes title sponsorship of the sport's new all-digital All- Star balloting. Neither MLB ...
The Hartford’s CEO Sees Tech Investment Spurring ‘Faster Growth’
Hartford Financial Services Group Inc. will continue to invest in technology and software in the months ahead as a part of its growth strategy, Chairman and CEO Christopher Swift said. "We are ...