Innovation News
Carriers Struggle to Transform Innovation Efforts Into Results: AM Best
Although COVID-19 forced many insurers to seek out innovative solutions, most companies still have room for improvement, according to rating agency AM Best. In a recent analysis of innovation ...
Insurance Is on GM’s Growing List of Side Ventures
Pam Fletcher wants to change the way General Motors Co makes money. The veteran GM engineer's Global Innovation team is looking for new enterprises to expand the automaker's sources of revenue well ...
Observers Give Mixed Reception to Chubb’s New Blink Digital Platform
Chubb is an old school P/C insurer touting its new Blink platform for consumers as an "easy, effortless and affordable" option "for digitally-savvy consumers." Interestingly, many InsurTechs use the ...
Insurance Commissioner’s Perspective: Innovation as a Driver for Change
Social justice is an easy goal on which to agree, though as the events of the past year have taught us, we often fall short transforming the aspirational into reality. That doesn't mean we stop ...
VIDEO: Is ‘Insurance-As-A-Service’ Coming in 2021?
Could a trend from the fintech world—"finance-as-a-service" platforms allowing non-financial product or service providers to embed financial capabilities into their customer experiences—soon ...
VIDEO: Experts Urge InsurTech-Like ‘Outside-In’ Thinking From Insurers
Are you using your vehicle to transport people? That's just one of the "archaic questions" that insurers might be still be asking, Chetan Kandhari, Chief Innovation and Digital Officer for ...
Potential Industry Disrupter: Insurance-as-a-Service
How do property/casualty insurers and brokers stack up against other industries in terms of innovation? In short, they aren't sprinting anywhere as fast as "innovation natives" in the high-tech and ...
InsurTechs vs. Incumbents: Trends to Watch
Panelists speaking at a recent Carrier Management Virtual Roundtable agreed that InsurTechs are sprinting ahead of insurance industry incumbents on the innovation spectrum but said that investments ...