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Leadership Insight: Karen Clark
Clark on Catastrophe Modeling: "The tricky thing about cat modeling is it is not all about the science and not all about the software. It is about having the right mix and then making sure that ...
A Practical Path to a Global Capital Standard for Large Insurance Groups
Now that the European Union's Solvency II is nearing its Jan. 1, 2016 effective date, you'd think some clear road might be ahead allowing insurance executives time to adjust to the landscape. ...
Large International Insurers Challenged by Increasing Regulatory Burden
There is an increased focus globally on international insurance regulation driven by efforts within the G20 major economies to strengthen the international regulatory regime since the financial ...
If You Don’t Have a CIO on Your Board, You’re in Trouble (and You May Not Even Know It)
It's a widely accepted truism in this new millennium—if not an entirely proven one—that technology drives innovation and innovation drives competitive advantage. Whether or not that's completely ...
Preparing Your Organization for Digital Transformation
There is little consensus in the insurance industry on what exactly is included in "digital strategy." Most insurers typically mean agent portals, customer portals, corporate sites and online ...
What Carriers Want From Core Systems Transformations
Insurance carriers are making an unprecedented investment in transforming their policy, billing and claims systems and processes. This is a unique period where the convergence of aging legacy ...
Analytics Offers Edge for Insurers Fighting Organized Insurance Fraud Rings
Insurance fraud is estimated to be an $80 billion a year industry, according to the Coalition Against Insurance Fraud. In order to combat the crime, which is increasingly committed by organized fraud ...
P/C Insurer Mergers: Reaching the Tipping Point
The growing number of reinsurance mergers is understandable considering that the flood of alternative capital has upended the industry's economics. If companies don't lower their cost of capital and ...