Strategy
Don’t Count Out InsurTech Disrupters, Carrier CEOs Say
InsurTechs bent on disrupting the insurance industry haven't succeeded so far, but a future wave of InsurTechs might emerge to accomplish a similar goal, carrier executives said recently. Speaking at ...
Tokio Marine Kiln Selling Highland’s U.S. Construction Biz to Intact Insurance
Tokio Marine Kiln (TMK) has agreed to sell its Tokio Marine Highland's (TMH) U.S. construction division to Intact Insurance Group USA LLC (Intact). Financial terms of the deal were not disclosed in ...
How Customer Dissatisfaction Can Erode Merger Benefits
When two companies merge, they see an initial benefit, but consumer dissatisfaction often erodes the new company's value. According to new research from the University of Georgia, big brands often ...
Hippo Sets Sights on Improved Gross Loss Ratio, Geographic Expansion for 2022
Hippo, a home insurance group focused on home protection, knows that good things take time, especially in insurance, according to President Rick McCathron. "The thing about insurance is that once you ...
Memo to Brokers: Stick With Loyal Insurers/MGAs; Price Isn’t the Only Differentiator
Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an ...
How Personality Traits Could Determine Intelligent Automation Project Success
Insurance leaders made efforts during the past two years to leverage technology and service clients while minimizing interruptions and friction in customer experience. They made sure new clients ...
Insurers: Hire More Trial Lawyers Now!
As the pandemic continues to wind down, and with jurors finally starting to return to large metropolitan courthouses across the country, it is becoming increasingly clear that insurance carriers are ...
How Warren Buffett Does a Deal: Alleghany Merger Backstory
Berkshire Hathaway didn't require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion deal price that Warren Buffett offered to CEO Joseph Brandon in ...