How to Be Strategy-Focused: The Balanced Scorecard Explained
While a transformation is a daunting task for any carrier, American Modern used a tool known as Kaplan and Norton's Balanced Scorecard and Strategy to map out the way ...
Strategy
TypTap Insurance President Talks About InsurTech’s First Profit, Future
When HCI Group's TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company's plan to rely heavily on mapping technology ...
How InsurTechs Will Need to Adapt in a Challenging Funding Environment
Economic uncertainty is leading to a challenging funding market for InsurTechs, and John Swigart, co-founder and CEO of Pie Insurance, said he doesn't see that changing ...
How to Create an Adaptive Insurance Organization
The appetite for risk is evolving in the insurance industry. The events of the last few years—volatility from inflation, climate change, regulatory updates, and technological innovations just to ...
How Carriers Can Use Business Intelligence to Find the Right Agency Partners
These days, there is no shortage of conversations around the importance of data—how to collect it, how to analyze it and how to act on it. Businesses have access to ...
Executive Viewpoint: When It Comes to Protection, It’s Time to Go on Offense
During my time playing wide receiver at the University of Northern Colorado, I learned firsthand there are a lot of advantages to being on offense. Being on offense is ...
Which Came First, the Cyber Chicken or the Cyber Egg?
One of the biggest challenges for cyber insurers isn't predicting when an act of cyber war could occur but figuring out how to define cyber war in the first place.
Ian Gutterman doesn't think there's any underserved market of people who need cheap insurance. "There's plenty of that available," says ... "Ask Why. It's how we learn new skills, grow as a team, and invent. Without asking 'why?' we'd never get to the deeper understanding needed to create ... Trium Cyber is the industry's first Lloyd's-approved company to provide mono-line cyber coverage for U.S. risks. Launched in January 2023, the full-stack surplus lines ...
InsurTech Tackles Underserved Homeowners Market: Uninformed Buyers
Branch Insurance Sprouts From Roots of Asking Why
Insurer Startup Trium Cyber Finds Path to Profits, With Large Business Focus