Strategy
Buffett Watchers Tout Japan Insurers, Banks as Next Potential Value Targets
Warren Buffett's buying of Japanese trading firms helped propel the nation's stocks to multi-decade highs. Six months on, insurers and banks are emerging as the next potential value targets. Insurers ...
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 ...
Bogged by Legacy Systems, Insurers Lose Competitive Edge
New research highlights the urgency for insurance companies to shift from complex, costly legacy systems burdened with outdated technology to modern systems to remain competitive in the current ...
Insurers Question Cloud Benefits
Nearly 40 percent of insurers remain unconvinced or dissatisfied with cloud computing, according to the results of a new survey, "Is Moving to Cloud Worth It?" by Celent, a research and advisory firm ...
InsurTech Root Says It Has No ‘Actionable’ Acquisition Bid
Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday's statement was issued following reports Root had received a bid from Embedded Insurance. The ...
Carrier Tech Investments Mean More Than Commissions: Agents Survey
Prioritizing technology investments to enhance the broker/agent experience and improve customer service offers insurance carriers competitive advantage, according to a new survey of U.S. agents and ...
How to Be Strategy-Focused: The Balanced Scorecard Explained
While a transformation is a daunting task for any carrier, American Modern used a tool known as Kaplan and Norton's Balanced Scorecard and Strategy to map out the way ...
TypTap Insurance President Talks About InsurTech’s First Profit, Future
When HCI Group's TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company's plan to rely heavily on mapping technology ...
How InsurTechs Will Need to Adapt in a Challenging Funding Environment
Economic uncertainty is leading to a challenging funding market for InsurTechs, and John Swigart, co-founder and CEO of Pie Insurance, said he doesn't see that changing ...