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Today's Headlines | May 2, 2022 |
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The impostor phenomenon is often a hidden issue in the insurance industry. But individual sufferers should be aware they are not alone. In fact, around 70 percent of people in all industry sectors will experience "impostor" feelings at some point in their career. The impostor phenomenon—also known as impostor syndrome—is associated with several adverse outcomes... read more | | |
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| Advertisement | | | | THE Virtual Event for P/C Insurance Leaders | | The 2022 InsurTech Summit will feature industry experts discussing how insurtech can lead us towards a safer, smarter and better world. Join us for the 2-day virtual event on May 10th & 11th. | | | | Carrier Management |
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There wasn't a lot of talk about auto insurance at this year's annual meeting of Berkshire Hathaway, but when the subject came up, Warren Buffett acknowledged the continued dominance of one competitor—a mutual insurer. "The largest auto insurance company in United States was started over in Illinois by a guy who didn't know anything about... read more | | |
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QBE North America has launched a new Specialty Casualty business that will offer admitted and non-admitted primary, lead umbrella and excess liability products, targeting a wide range of business segments. "With QBE Specialty Casualty, we see a clear opportunity to build a long-term franchise that is grounded in expert underwriting with a data-driven approach to... read more | | |
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Berkshire Hathaway Inc. shareholders on Saturday rejected proposals to have an independent chair replace Warren Buffett and require his company to disclose more about its climate-related risks and efforts to improve diversity. Shareholders supported letting Buffett keep both the chairman and chief executive roles by a nearly 6-1 margin, Berkshire said at its annual meeting... read more | | |
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SiriusPoint Ltd., a global insurer and reinsurer, announced a $5 million investment round and partnership with commercial insurance technology company Broker Buddha, a platform that aims to simplify submissions for brokers. Broker Buddha's tech platform has a goal of transforming the commercial insurance market by simplifying the application and renewal processes for insureds, brokers and... read more | | |
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Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc. to reveal major new investments including a bigger stake in Activision Blizzard Inc., while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war. The meeting in downtown Omaha, Neb., was Berkshire's first welcoming shareholders... read more | | |
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The head of McKinsey & Co. acknowledged that it failed to see the opioid epidemic unfolding while simultaneously doing work for drug regulators and makers of painkillers including OxyContin in his first appearance before lawmakers investigating the consulting firm's actions. "While our intent was not to fuel the epidemic, we failed to recognize the broader... read more | | |
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| As the world has turned digital, technological business solutions continue ... read more | |
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| Automation is essential to the insurance industry's digital transformation ... read more | |
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| A clunky and inefficient claims process leads to unhappy customers. This guide ... read more | |
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| Research firm Aite-Novarica interviewed 10 life, annuity, and P/C insurance ... read more | |
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| Better serve policyholders across your insurance workflows with powerful ... read more | |
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