Strategy
How Not to Innovate
Acuity Insurance CEO Ben Salzmann has a theory about making innovation happen—and it doesn't involve hiring geniuses who dream up new ideas independently. "You could take Albert Einstein and Thomas ...
Starting in the NICU: Bringing in the Next Generation
Employees of all ages work at Sheboygan, Wisc.-based Acuity Insurance, and while other carriers find it hard to attract the youngest generation, CEO Ben Salzmann has a formula that starts when some ...
Presenting HSB: The New Name for Munich Re’s Hartford Steam Boiler
Munich Re's Hartford Steam Boiler is formally rebranding itself with a new name – an acronym of the moniker it has had for 154 years. The Connecticut-based specialty insurer will now be known ...
Markel Combines Two Divisions to Create Enhanced Specialty Unit
Markel is combining its Markel Specialty and Markel Assurance divisions into one division called Markel Specialty, which launches on April 1. The new division will preserve the company's current ...
How Insurance Executives Can Harness the Power of Behavioral Economics
Property/casualty insurers, whether they know it or not, are well-schooled in behavioral economics. We used to intuitively understand business success was about customer relationships and driving a ...
Future-at-Lloyd’s Modernization Project Moves Forward
Since Lloyd's first announced the blueprint for its Future at Lloyd's project on Sept. 30, it has been busy working to get the ideas off the page and convert them into a set of actions that can be ...
Q&A With Metromile CEO Dan Preston: On Culture, IPO, Loss Ratios and More
The chief executive officer of Metromile, Dan Preston, recently spoke with Carrier Management about Metromile's software as a service business (Metromile Enterprise), broadening Metromile's insurance ...
But Wait. Here’s ‘The Rest of The Story’ on Buffett’s Lubrizol
In his firm's annual report released this weekend, Berkshire Hathaway CEO Warren Buffett included a side note on one of the companies his conglomerate bought in 2011 for $9 billion, a company called ...