Strategy
Carrier Technology Shopping Lists
If this were the Christmas holiday season for insurance carriers, machine learning, big data, analytics and security would be high on their shopping lists. Insurer IT spending is growing for 2020, ...
Brexit Business Opportunity: More Deals in Legacy General Insurance Policies
Britain's impending departure from the European Union is creating expansion opportunities for specialist general insurers who buy up and manage policies closed to new customers. Whether Britain ...
Reinsurers Look at Cyber’s Massive Growth Possibilities—With Caution
Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and ...
How Humane Automation Leverages Claims Technology for Better Outcomes
Shortly after World War II, as the Ford Motor Company returned to making cars, one of its more innovative executives, Del Harder, mechanized entire segments of the production line with built-in, ...
Coal and Oil Are Passé in AXIS Capital’s New Clean Energy Policy
AXIS Capital Holdings Ltd. won't insure, invest in or provide insurance or reinsurance for new coal plants or oil pipeline as part of an initiative designed to reduce climate risks and support the ...
AXA Reportedly Considers Selling Off Its Central European Biz
French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it lacks scale, three sources familiar with the situation said. AXA is ...
Verifly Becomes Thimble and Raises $22M to Fuel On-Demand Insurance Growth
Thimble, formerly known as Verifly, raised $22 million in new financing designed to fuel further expansion and diversification well beyond its original focus on on-demand drone insurance. Existing ...
Ways for Insurers to Master the Art of Innovation
Insurance industry conversations about digitalization have noticeably shifted. A growing number of carriers now see InsurTechs not as existential dangers to their business models, but rather as ...