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SMA: Next-Gen Insurers Will Succeed By Innovating Inside and Out
Insurers of the future must innovate in everything they do, from their business models to products and services, infrastructure and customer approaches, a new research report from Boston-based ...
Tech and Medical Device Convergence Exposes New World of Risks
When the acclaimed television drama series "Homeland" climaxed with a devious plot by terrorists to kill America's vice president by hacking into his electronic pacemaker, critics mocked the ...
Next Generation Cat Modeling: Multimodel, Open Source or Open Platform—What’s the Difference?
For the past two decades, insurers and reinsurers have licensed catastrophe models from AIR, RMS and EQECAT, and each vendor model came with its own front and back end to handle the model input and ...
Keys to Setting Your Company’s Strategy in Motion
There's no shortage of discussion in the business world about the importance and development of strategy, but there's shockingly little advice available about actual implementation. Why is it, when ...
Smarten Up: 7 Steps to Reaching Today’s Insurance Consumers
Personal lines insurance customers are changing. More consumers are bundling home and auto insurance; more than one-third of young adults live with their parents; and drivers are much more open to ...
Instagram, Crowdsourcing and the New Risks of Emerging Technology
At its peak in 1996, Kodak—then the world's largest camera maker and photo film supplier—had revenues in excess of $16 billion and employed more than 145,000 people. But after 130 years in ...
P/C Insurers Looking to Compete Must Learn to Embrace the Cloud
Property/casualty insurance companies have a reputation for being risk-averse. That certainly has been the case when it comes to cloud computing. While other industries have more readily embraced the ...
The Age of the Athlete-Student: NLRB Ruling May Create New Comp Challenges
What do March Madness and workers compensation have in common? At present, not very much. But if a recent ruling by the National Labor Relations Board (NLRB) holds up, comp underwriters and claims ...