Strategy
Carrier Management’s 2025 Top Features (Reader’s Picks Unlocked)
Underwriters and actuaries are less worried about AI taking their jobs. But maybe claims professionals and insurance agents should be more worried. Those are the takeaways I pulled out of two of the ...
Adapting Insurance Talent Models for a More Volatile, Tech-Driven Market
Insurance carriers are operating in a period of structural volatility. Catastrophe events are more frequent and severe, customer expectations continue to rise, operational costs are climbing, and ...
The Hardest Part of Innovation in Insurance Isn’t Technology; It’s Culture
The insurance industry is notoriously behind the curve when it comes to innovation. But what explains the gap between insurance and other industries? In my experience, innovation in insurance isn't ...
Why Reciprocal Insurance Exchanges Are Back in Fashion
Reciprocal insurance exchanges have been increasingly popular in recent years, with third-party investor interest in the fee-for-service businesses that manage RIEs and waning property insurance ...
How One MGU Grew Fivefold When Capacity Fled Cat-Prone Property Markets
"There was nobody there." That was part of the simple answer Terrence McLean, chief executive officer of SageSure, provided when asked why his company had to pursue complex launches of multiple ...
Unique Structure of Reciprocal Insurance Exchanges Offers Release Valve on Pressurized Markets
In states such as Florida, Texas and Louisiana that have experienced numerous weather-related challenges and heavy claims activity in the last decade, newly established reciprocal insurance exchanges ...
Tokio Marine Weighs More Than $10 Billion of International M&A
Tokio Marine Holdings Inc., Japan's top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the ...
On Innovation in Insurance
It is 1921 and the insurance industry looks quite different than it will in a century. Automobile policies are bound annually, and insurance risk is often spread across entire states as opposed to ...