Executive Viewpoint
CEO Viewpoint: FEMA Flood Insurance Pricing Methodology Revamp a Positive Move
By now, you've probably heard of the Federal Emergency Management Agency's effort to revamp its method of assigning prices to the National Flood Insurance Program's policies, which took effect on ...
Executive Viewpoint: Top Reasons Insurers Decline Cyber Insurance
Insurers make money by assuming the business risks of their customers for a fee. They make a profit only if the estimated aggregate cost of the risk for all their customers is less than the aggregate ...
COVID Fallout: Insurers Must Address Evolving Small Business Risks
During the past 18 months, the COVID-19 pandemic has wreaked havoc on thousands of U.S. small businesses and created unprecedented challenges for them as well as for their insurers. Amid numerous ...
Employees Saying Adios to Carriers, Brokers Requiring Work in Office
During a session of an insurance industry webinar titled "State of the Insurance Marketplace," the war for talent was discussed just as much as the hard or moderating property/casualty insurance ...
Amazon and Agents: How Did Leaders Read The Tea Leaves?
Back in 2017, Next Insurance CEO Guy Goldstein wasn't envisioning that his InsurTech would launch a portal of insurance agents just two years later. When Carrier Management asked Goldstein, eight ...
How Strategy Follows Technology
Any business in any industry is subject to the limitations of the technology available to bring products and services to consumers. The most sophisticated businesses are those that find the most ...
Insurance Withdrawal Puts Sports and Festival Events at Risk
While there was debate about the wisdom of the Tokyo Olympics proceeding as scheduled given the current health conditions, the insurance industry dodged a bullet with the go-ahead. According to ...
Ping An Insurance Chairman: Digitalization Helps People ‘Make More Intelligent Decisions’
Digitalization has become a buzzword today, with concepts such as digital government, digital currency, digital health care and digital enterprises. It seems many traditional things can appear trendy ...