Strategy
How Root Insurance Did What Other Insurers Only Imagined
Having achieved unicorn status with a $1 billion valuation less than two years after its official October 2016 debut, InsurTech carrier Root Insurance Company may seem like an overnight success. The ...
Buffett’s Berkshire Hathaway Inks Deal to Sell Newspaper Unit
Warren Buffett is getting out of the newspaper business. Berkshire Hathaway Inc. agreed to sell its BH Media unit and its 30 daily newspapers to Lee Enterprises Inc., which owns papers including the ...
InsurTech Ecosystem: Value Beyond Technologies
In recent years, we've seen significant investments flow into the InsurTech ecosystem, creating thousands of new technology tools. Yet it's this same volume that's leaving many carriers overwhelmed ...
Legacy Processes No More: Insurers Engaged in Wide-Scale Efforts to Optimize Antiquated Processes
There's two ways for an insurance company to boost profits. The first option is to price products higher, and the second is to reduce operating expenses. Option No. 1 can be a dicey proposition, as ...
For Leaders, Silence Can Accomplish Plenty
Sometimes silence can go a long way toward helping leaders support their teams. A recent posting with the Random Acts of Leadership blog argues that silence can actually be a very effective strategy ...
Zurich North America Is Latest Insurer to Name Sustainability Officer
Zurich North America is the latest insurer to name a sustainability officer - an executive who leads corporate initiatives to help the company contribute positively to the environment. Ben Harper ...
AXA Reportedly Reviewing Potential Options for Middle Eastern Operations
Axa SA is considering options for its Middle Eastern operations including a potential sale, as Chief Executive Officer Thomas Buberl continues to streamline the operations of Europe's second-largest ...
InsurTech CyberCube Calls on Carriers to Set Global Cybersecurity Standards
CyberCube, an InsurTech focused on cyber risk analytics, is calling on the insurance industry to set global cybersecurity standards as the world digitizes. "Internet-connected technologies is a prime ...