Strategy consultants and C-suite officers share perspectives on the need for an industrywide culture refresh that embraces “asynchronous work” arrangements and strategies for synching the new work environments with customer and employee engagement goals. And they weigh in on the need for a new addition to the senior team—a head of remote work.
Let's declare it: The insurance workplace has been upended, changed forever, and there is no going back. How and where we work now, and with whom, is our new reality. That is a strong statement for ...
The way Ernie Feirer sees it, today's workforce requires a complete shift in management style. "When I think about managing people in this new paradigm, I can't really observe people like I used to," ...
If the traditional in-office, nine-to-five workday led to employee burnout, many say the virtual work environment proliferated during the pandemic is leading to another type of exhaustion: Zoom ...
As the world enters the third year of the pandemic, employees in the insurance industry expect to maintain workplace flexibility—a hybrid model—even after COVID-19 infection rates dwindle to safe ...
It's been called "The Great Resignation," "The Great Migration," "The Big Quit," etc., but whatever name you give it, employees from all industries are still quitting in droves. Some are seeking ...
For insurance leaders tasked with managing their organization's human capital, the COVID-19 pandemic presented myriad challenges around employee safety and wellness and transformed their workplace ...
Inclusion takes teamwork. Colleagues need to support one another, lift each other up, act as allies. The problem is that "most people have never been on a team. They've been on a group of elite ...
Despite the years of heightened focus on race and gender, the insurance industry is lagging to rid itself of its legacy as a white-male network. As household insurance firms incorporate diversity and ...
While Tesla has designs on using the data it collects to price insurance policies, the founder of an InsurTech is using it for the other end of insurance transactions—to unravel the story of ...
Tom Vykruta, chief executive officer and co-founder at InsurTech EvolutionIQ, is no stranger to solving hard problems. Problem solver was essentially the job description for the relative newcomer to ...
In the aftermath of Hurricane Andrew's $15.5 billion in insured losses in 1992, insurance-linked securities emerged to distribute a portion of future property-catastrophe risk to investors. At the ...
After much deliberation and seemingly endless back-and-forth, strategic goals and objectives for the year are now set. Many company executives already have a good idea of the initiatives they want ...
Struggling with people resisting making the changes you know you need to make in your organization? Don't know how to get buy-in from people so that you can change things for the better? Challenged ...
Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting back to the organization, with a greater focus on selecting the right ...
NFTs, or non-fungible tokens, have gained popularity primarily within the art world so far, but experts say it's just the beginning in terms of where the space could be headed. "The art world has ...
For the last eight years, InsurTech has had an incredible run. Capital has poured into privately-held companies tackling opportunities across the industry. Every quarter seemed to attract more and ...
In this edition of Risk Alerts, we highlight underground coal fires, trackers being used as stalking tools, BadUSB drives and methane leaks, among other threats. A hidden risk: underground coal ...
Promoting Environmental, Social and Governance (ESG) performance has become a top priority of corporate executives and boards everywhere, including in property and casualty insurance. However, ...
Even though representatives of Lloyd's of London prepared the world for the news last year, last month's headlines prompted some stunned reactions. One of those headlines—"Lloyd's Weighs Future of ...
