KPMG News
Co-Pilots in the C-Suite: How CEOs View CFOs
Roughly two-thirds of insurance industry chief executive officers polled believe the role of their top financial officer will grow in significance over the next three years—beyond any other C-level ...
U.K. Storm Claim Tally Could Hit $2.2B: KPMG Estimate
U.K. insurers may face claims totaling as much as 1.5 billion pounds ($2.2 billion) from businesses and homeowners for damage caused by two storms this month, according to consultant KPMG LLP. Heavy ...
What Black Swan Author Nassim Taleb Has to Say About Insurance
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015. When Nassim Nicholas Taleb addressed a group of insurance executives recently, the author of the book "The Black Swan" was pretty ...
Is the Insurance Industry Going to the Origami Dogs—or Their Creators?
An unhappy customer arrives at the office of an insurance company executive by limousine to discuss concerns about the company's service. The scenario may not seem typical unless you're the CEO of an ...
Insurance Execs Struggle to Kindle the Innovation Spark: KPMG Survey
While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, finds a ...
Leaders Review Failures, Successes and Joint Innovation Efforts
Failing to innovate is no longer an option in the property/casualty insurance industry, according to leaders who say that a tolerance for ill-timed or less-than-perfect product launches is better ...
P/C Insurers Blocking Their Own Roads to Innovation
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...
Most Insurers Unprepared For Driverless Vehicles: KPMG Survey
A sizable majority of insurers aren't ready for the arrival of autonomous vehicles, even as their development and testing accelerates, KPMG determined in a new survey. The audit, tax and advisory ...