Last year saw a wave of InsurTech layoffs, and established carriers faced a different set of problems associated with voluntary talent turnover. In this edition, Deputy Editor Elizabeth Blosfield speaks to InsurTech professionals directly impacted by layoffs and HSCM Ventures Partner Adrian Jones puts some numbers around InsurTech employment attrition.
In other articles, our editors report on how incumbents are handling flexible work arrangements, the “quiet firing” trend and the only insurer to make Glassdoor’s Best Places to Work List.
Bonus Content: Where Are They Now? CM catches up with executives who appeared on past covers as part of the publication’s 10-year anniversary celebration.
Economic uncertainty, coupled with a period of transition in InsurTech, has led to a wave of layoffs for the industry. For InsurTech employees worried about potential layoffs, Steve McOrmond, senior ...
As older generations of employees are retiring from the workforce and younger generations are resigning in search of lifestyle or career changes, insurance carriers are facing a big challenge of ...
Ira Ziff recruited the perfect CFO for the job. The candidate checked all the boxes for a small-town insurer Ziff works with as president of Precision Research Group. The prospect—about 40 years ...
Your performance goals are either nonexistent or unreasonable. Your reviews are negative without a clear path for improvement. You're being denied opportunities for advancement or development. You ...
There are a lot of experiences that Branch Insurance Co-Founder Steve Lekas took away from his 17 years working in the property/casualty insurance industry that shaped his thinking in building an ...
Some managers deal with disengaged employees head-on, discussing the problem, offering solutions and assistance, and detailing the consequences if the situation doesn't improve. Other managers take a ...
The biggest contribution of InsurTech to the insurance industry may well be talent—technology talent, insurance talent, just raw talent. I recently tallied the headcount at over 400 notable ...
The year 2022 was not kind to the publicly traded InsurTechs. But beyond that smokescreen, new and growing InsurTechs continue to drive innovation. Here are seven trends to watch in 2023. Cyborg ...
Ian Gutterman doesn't think there's any underserved market of people who need cheap insurance. "There's plenty of that available," says Gutterman, a longtime investor and industry analyst, whose ...
Like most startups, the founders of unicorn Branch faced some early setbacks. In a word, the process was "intense," according to Steve Lekas, co-founder and CEO of the InsurTech, which bundles home ...
"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 breakthroughs." Those are the words that describe ...
The world of InsurTech has changed dramatically since 2015, when I teamed up with my MIT classmate, Rashmi Melgiri, to found CoverWallet. Our goal was to reinvent commercial insurance leveraging data ...
Have you ever wondered what happened to the people who appeared on Carrier Management covers in the years since we profiled them? We sure do. Even though their follow-up stories don't always continue ...
Like many people who have met Dr. Henna Karna, Google's general manager of Global Industry Solutions in Insurance, Reinsurance and Risk Management, it's hard for a journalist not to be impelled by ...
Louis Ziskin is a born entrepreneur. Possessed of a keen mind, nimble tongue and an ability to perceive financial opportunities where others retreat from the risks, his checkered life would make a ...
The drive to attract, retain and develop the best talent means diversity and inclusion is a key driver and often portrayed as the centerpiece of company culture for many in the insurance profession. ...
Maya Angelou, the renowned poet, author and civil rights activist, understood the power of emotions and the lasting impact they can have on individuals. In her quote, "People will forget what you ...
At the dawn of the 2020s just over three years ago, no one, including property/casualty executives, thought a pandemic would sweep the globe. The disruptions caused by the COVID-19 pandemic, and ...
I was initially hesitant when asked to share my thoughts on leadership. A quick Google search will yield thousands of entries—books, articles, online classes, coaching services, conferences, even ...
Late last year, the leader of a Bermuda insurance company specializing in coverage for emerging sectors, including the digital asset ecosystem and companies working in cannabis and psychedelics, ...
I am old enough to have been taught the four basic food groups in elementary school and the importance of eating some from each of the groups no matter how much I might dislike one or more of them. ...
As the spectacle knowingly or unwittingly orchestrated by Sam Bankman-Fried, cofounder of bankrupt cryptocurrency exchange FTX Trading and cryptocurrency trading firm Alameda Research, plays out on ...
In this edition of Risk Alerts, we highlight toxins in children's makeup, glacial floods, pollution's impact on mental health, wildfires, food addiction and superbugs. Perilous play time. A study by ...
One of my favorite places to visit when I'm in Manhattan is Hudson River Park. The waterfront pathway bends in several spots, and with the right timing, you can catch some beautiful sunsets over the ...
