Innovation News
Three Strategic Actions to Win in the Analytics Arms Race
The insurance industry has a challenge to keep ahead of the constantly evolving risk environment. Whether it is the rise of cyber risks, increasing extreme weather events, or the rapid emergence of ...
Why Some Firms Beat the Post-IPO Innovation Slump
Researchers from Goethe University, Duke University, and London Business School published a new paper in the Journal of Marketing that explains why some companies remain innovative even after they go ...
CEO Viewpoint: The Rising Value of Flexibility in Life, Work and AI
Innovation calls upon us to challenge existing paradigms. Women in technology understand this all too well. Many of us have stepped into roles that were traditionally dominated by men. We've had to ...
Understanding the Role of Data Scientists in Risk Modeling
Risk models are an increasingly critical component to the modern insurance carrier. They are relied upon for all phases of insurance, from marketing and sales to pricing, claims, and operations. ...
Innovating to Control Costs: Carriers Seeking Top-Line Growth Amid Bottom-Line Pressures
Given the highly competitive non-life market, and the depressed pricing that accompanies excess capacity, leaders in the global property/casualty insurance and reinsurance markets have found ...
Why Carriers Aren’t Being Commoditized, but Value-ized
Big tech companies with relevant consumer data have been eyeing the insurance industry for the past few years and looking at how they can use their insights into customer behavior to reinvent the ...
Executive Viewpoint: In the Competition for Top Talent, Innovation Matters
In today's highly competitive job market, attracting the right talent is not just about money. It isn't necessarily about offering flextime or office perks, either. For most would-be employees, ...
How Insurance CIOs Can Orchestrate Business-Wide Transformation
The pandemic has been a wake-up call for insurers. In an industry that has traditionally lagged in digital deployments, the savviest players are reassessing their own infrastructures to reevaluate if ...