Strategy
Buffett’s Berkshire Hathway Exits Remaining Travelers Stake, Slashes Goldman Sachs Investment
Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold much of its stake in Goldman Sachs Group Inc, despite the billionaire's assurance that the banking sector was not a "primary worry" ...
Why Current Cyber Risk Management Techniques Are Inadequate
Insurers have been blindly moving to expand access and coverage in cyber insurance despite their inability to confidently assess and quantify holistic cyber risk. Visibility of the exposure remains ...
UK Insurer Brit, Google Team on First Fully Digital Lloyd’s Syndicate
Brit Ltd. and Google Cloud are partnering on the launch of Ki—what is being billed as the first fully digital and algorithmically driven Lloyd's syndicate. Debuting in 2021, Ki will be a ...
Supporting Underwriting, Claims Decisions With the Science of Behavioral Economics
Successful insurance product administration requires consistent, accurate decisions from the evaluation of submissions at underwriting to the adjudication of claims. Effective decision operations are ...
From On-Demand Insurance to Slice Mind: The Evolution of an InsurTech
Tim Attia didn't have 400 years to wait for the on-demand insurance distributed by his company Slice Labs to make its way around the world. "We're focused on this new economy—digital products, ...
What’s Next for Slice? Small Business Insurance and More
Having used Slice Insurance Cloud Services to set up digital insurers for the likes of AXA XL, Sompo International, The Co-operators and Legal & General, CEO Tim Attia sees a world of opportunity ...
Not Magic, But Design Thinking Works
There is so much talk about the need for the insurance industry to innovate. More and more emphasis is being put on innovation. Heck, even AM Best has decided that it needs to assess innovation as a ...
Tesla Founder Musk Cancels Company’s D&O Cover, Pledging to Replace With ‘Personal Coverage’
Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company's directors and officers insurance (D&O), replacing it with a promise to ...