Technology & Analytics
Top 2014 P/C Trend: Investment in Mobile Agent Tech Lags as Carriers Focus on Gen Y
Mobile strategies focused on Gen Y customers and personal lines innovations will shape the plans of property/casualty insurance carrier management teams in 2014, but at least one of these approaches ...
Integrating Reinsurance Management System with Core Systems Reduces Risk
Insurers' numerous intricate reinsurance contracts and special pool arrangements, countless policies, and arrays of transactions create a massive risk of having unintended exposure. Inability to ...
The Race to Secure High Impact Analytics Talent
Big data is making a huge impact on the insurance industry and fueling this red-hot talent market. As an insurance industry megatrend, analytics impacts every aspect of an insurance organization: IT, ...
BYOD: Benefits and Risks of Personal Mobile Devices in the Insurance Workforce
Cyber crime continues to be among the world's fastest growing criminal threats. This poses a challenging decision for companies considering adoption of the "bring your own device" (BYOD) trend, where ...
Designing a UBI Program to Fit Your Business Strategy
Usage-based insurance (UBI) for auto is often presented as a "one size fits all" solution to insurers' business problems. Tiny telematics devices that can be installed in policyholders' vehicles ...
Reinsurance at Crossroads Part 2: Emerging Markets and Risks; the Road Ahead
As detailed in Part 1, "The Market in the Developed Economies" the reinsurance industry faces the task of partially reinventing itself to expand in those sectors where it can achieve growth. Property ...
Berkshire Gains Concierge Service with MyAssist
Warren Buffett's Berkshire Hathaway Inc. is betting on a service that helps companies including Ford Motor Co. and Daimler AG's Mercedes-Benz provide live, in-car support to drivers. Berkshire agreed ...
Berkshire Hathaway Specialty to Acquire MyAssist and Insure America
Berkshire Hathaway Specialty Insurance said it has agreed to purchase the assets of MyAssist Inc., a live-agent personal concierge and telematics service provider, and Insure America LLC, a niche ...