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Why Insurance Execs Should Stop Seeking ‘Big Splash’ Ideas
Imagine an idyllic, pristine beach in Mauritius in the Indian Ocean. A breeze off the ocean holds the scent of flowers. The horizon, naggingly punctuated by tiny container ships, dissolves into the ...
Endurance Specialty’s Catherine Kalaydjian: Thriving With Change
Just six months after John Charman took the reins of Endurance Specialty Holdings in May 2013, he announced to the investor community that the management team had been completely restructured. In ...
RLI Takes LEAD on Succession Planning With Formal Talent Program
Michael Stone, the chief operating officer of specialty insurer RLI Corp., is perfectly clear about the role of leaders in the property/casualty industry. "At the end of the day, it's all about ...
QBE’s Sue Harnett: Leading a Transformation
Operational transformation is a central activity at QBE these days, and leading the change in North America since late 2012 has been Chief Operating Officer Sue Harnett, a 30-year veteran of ...
Texas Likely to Become an ‘NCCI State’ for Workers Comp; Question Is When
Texas will be privatizing many functions in its workers compensation system if Insurance Commissioner Julia Rathgeber approves a staff petition to adopt the National Council on Compensation Insurance ...
CEO Viewpoint: Winning the War for Talent to Harness the Full Power of Predictive Analytics
The reputation of the insurance industry has long been that it follows behind other industries in the use and implementation of technology. Across numerous other industries, big data and analytics ...
FASB Tables Convergence Efforts; What It Means for U.S. P/C Insurers
The Financial Accounting Standards Board announced in February that it will no longer pursue a full revamp of insurance contract accounting but instead will consider only targeted improvements. For ...
A Short Digression into the Root Cause of the Financial Crash
Six years after the financial crisis, there is some common understanding of the root causes of the 2008 crash in the U.S. as well as the causes of its recessionary cousin, the 2010 banking and ...