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| | | | | | | Don't waste time finding customer data. | | | | An analytics hub provides a single view to reports and dashboards, irrespective of technology, so your team can focus on customers, not searching for data. | | | | | | | | Logic20/20 | | |
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| Today's Headlines | November 23, 2020 |
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While it is often easier for P/C insurance and reinsurance executives to rally around incremental innovations, in order to really transform their organizations they need to fund some moonshots, innovation experts said recently. During a Carrier Management Virtual Roundtable in October ("Is Insurance Innovation Overrated?"), Jeffrey Bohn, chief research and innovation officer for Swiss Re... read more | | |
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The key to innovation in the insurance industry is "outside-in" thinking, according to an executive from Nationwide, who uses the term to reinforce the idea that customer-centric mindsets are the best way to move innovation forward. "It's too easy to think inside out," said Chetan Kandhari, chief innovation and digital officer for Nationwide. "'How do... read more | | |
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Many insurance carriers understand the great potential offered by smart home sensor technology. They know these devices can change the face of insurance by providing everything from homeowner data to opportunities to improve customer engagement and build relationships. Despite the numerous benefits, carriers are struggling ... read more | | |
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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 poor, and overstated modeling capabilities have brought unjustified confidence and misleading precision to materials presented to internal underwriting, risk management, auditors and clients. Cybersecurity is an... read more | | |
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The cyber insurance losses costing the most are coming from external attacks on companies. But employees are generating the most number of claims as they make mistakes and face technical problems, according to a new report from Allianz Global Corporate & Specialty. read more | | |
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Allstate Corp. hired solely banks owned by minorities, women or veterans for its bond sale, in the biggest corporate deal yet managed only by diverse firms. read more | | |
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Switzerland's Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc's U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion, according to people familiar with the matter. read more | | |
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Irish InsurTech Blink has started marketing a hurricane non-damage parametric insurance product designed to provide liquidity to small and medium-sized businesses after a natural disaster. read more | | |
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Financial lobbyists, kept at arm's length by Joe Biden's campaign, have begun engaging with the Democratic president-elect's transition team on issues including economic stimulus, pandemic aid programs, and appointees, according to more than a dozen executives at banks and financial lobby groups. read more | | |
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| | Every moment between when an auto accident occurs and the auto insurance ... read more | |
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| | Progressive, Esurance and Lemonade have successfully adopted data-centric ... read more | |
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| | Now On Demand: Carriers, do you wish you could read your agents' minds? This ... read more | |
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| | Are you prepared for March 19, 2021? On that date, Nacha's ACH Account ... read more | |
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| | AM Best expects that the Directors and Officers (D&O) segment will soon ... read more | |
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