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Six Side Effects of AI in Insurance and How to Handle Them
Artificial intelligence, with its ability to analyze large amounts of data, may be the next great thing that is going to transform insurance and perhaps the world. But whatever good AI brings will be ...
It Takes a Leap of Faith, Says InsurTech Founder
For Ilya Bodner, founder and chief executive officer of insurance technology company Bold Penguin, building a fast-growing company has been a long time coming. After arriving in Columbus, Ohio, from ...
Small Biz Success Will Come From Human-Centered Design, Says Hartford Exec
With a team of less than a dozen today, The Hartford's Small Business Innovation Lab in New York City may not seem fully staffed to bring about the changes its leader envisions for the customers his ...
Managing Innovation Using a Managing General Agent
Digital disruption has reached the commercial insurance industry. Digital technologies are being harnessed in new ways that fundamentally alter value propositions and enable new business models. Many ...
Diverse Strategies Lure Innovators to Insurance Players
Innovation within insurance companies requires strategy to make things happen. And strategy is key to recruiting and retaining talent with the skills needed to innovate. What strategies are insurers ...
The Talent Gap Opportunity
There surely is a talent gap in the insurance industry, as direct industry competitors and companies in non-insurance sectors vie to bring on—and keep—people with technology and change management ...
How P/C Carriers Spark Imagination In Their Workforces
Insurance carrier and InsurTech executives asked how they spark imagination in their workforces say culture is the anchor. Strategies that include putting Innovation Champions inside the business, ...
Carrier Management Q&A: Hiring and Managing Talent to Spark Imagination
While technology is becoming more affordable, an innovation ingredient that some P/C insurers and reinsurers lack is imagination, according to an industry analyst. Creativity starts with human ...