Data & Research
EY: Policyholder Trust Important for Navigating Industry Changes
The insurance industry is facing multiple disrupting factors, such as technological advancements, new competition, inflation, and regulatory scrutiny, and a key component in navigating all of this ...Would You Take a Pay Cut to Work Remotely?
New research by the University of South Australia has found that 45 percent of workers would be willing to accept a pay cut in exchange for remote work flexibility. A survey of more than 1,100 ...Mobility Trend: Consumers Prefer AV Deliveries Over Robots, Drones
With Amazon aiming to make 10,000 deliveries with drones in Europe this year and Walmart planning to expand its drone delivery services to an additional 60,000 homes this year in the states, ...U.S. CEOs Head for the Exits Across Industries; No. of Insurer Exits Steady
Through the first nine months of this year, 1,425 CEOs have left their posts at U.S. companies across industries—marking the highest nine-month total in over a decade. According to global ...CEO Factories: Which Companies Manufacture the Most Future CEOs?
Are there some companies that breeding grounds for future chief executives? Are there any "CEO factories" in the insurance sector?
A new analysis from online small ...Large Language Models at Risk for ‘Model Leeching’ Attacks
Large Language Models (LLMs) such as ChatGPT and Bard have taken the world by storm this year, with companies investing millions to develop these AI tools, and some leading AI chatbots being valued ...75% of Small Businesses Are Underinsured; 70% Use Agents: Survey
Small businesses may be growing their revenue, but the vast majority–75 percent–are not adequately protecting themselves and their assets. Small businesses are an essential part of the U.S. ...Insurers Prioritizing Profit Over Growth: Exec Survey
Nearly half of 400 insurance executives responding to a recent survey said their current priorities center on improving profitability rather than growing their businesses. Forty-eight percent of ...Independent Agents Are Shopping Premiums Despite Record High Carrier Satisfaction
Independent insurance agents report unprecedented satisfaction with their carrier partners, but that doesn't mean they aren't keeping their options open due to the rising ...