PwC News
Insurers: Ignore the FinTech Revolution at Your Long-Term Peril
While 90 percent of insurers fear they will lose business to a FinTech start-up, only 43 percent say they have put FinTech at the heart of their corporate strategies, according to report published by ...
PwC Sued for Allegedly Favoring Younger Job Hires
A lawsuit accusing PricewaterhouseCoopers LLP of violating U.S. discrimination law by hiring a "stunningly low" number of people over the age of 40 to maintain a youthful culture has been filed in ...
Insurer Staff Declines Greater Than Anticipated in 2015
Two-thirds of insurers surveyed say they're planning to hire more in 2016, but whether they will actually go through with those plans remains a question. In fact, 14 percent of insurers decreased ...
PwC Board Survey: Majority of Large Insurers Have Risk Committees, CROs
Property/casualty insurance company senior executives aren't the only carrier leaders overwhelmed by multiple demands on their time. Members of P/C insurer boards of directors are similarly ...
Customer-Centric Strategies Start With Governance: PwC Report
Becoming a more customer-centric insurer isn't simply a matter of finding the right technology, according to a recent PwC report, which asserts that inadequate governance explains why carriers ...
Disruptive Innovation: Changing Mindsets for Success
"Disruption," "innovation" and "analytics" are three of the trendiest words in the popular press today. PwC's "18th Annual Global CEO Survey" shows that nearly 70 percent of insurance CEOs are ...
Leaders Review Failures, Successes and Joint Innovation Efforts
Failing to innovate is no longer an option in the property/casualty insurance industry, according to leaders who say that a tolerance for ill-timed or less-than-perfect product launches is better ...
P/C Insurers Blocking Their Own Roads to Innovation
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...