BLOGS

Insurance has traditionally been viewed as resilient to recession and economic uncertainty. Yet, besides the tough economic conditions, the insurance industry is facing an unprecedented number of business challenges: increasing claims severity rates due to supply chain issues and rising inflation, climate risk and ever more frequent natural catastrophes, increased regulatory oversight, and...

On February 23, I hosted the latest meeting of the Aite-Novarica Women’s Network on Taking Back Control of Your Time. Panelists Nancy Casbarro, Senior Principal at Aite-Novarica; Carey Geaglone, Senior Principal at Aite-Novarica; and Sue Haney, AVP at Amica, shared their tactics for maximizing productivity. We kicked off the meeting with a discussion of time management systems. Using one or...

Last year, Top Gear alum Jeremy Clarkson learned firsthand that running a farm starts with planting the right seeds in the right fields at the right time to yield the best result. As many insurers are hitting the peak of planning season, we thought we’d take a moment to highlight some interesting trends and best practices we are observing about the process this year. Many insurers are increasing...

Traditional perception is that the commercial lines business is complex, relationship-based, and slow-moving. It has lagged personal lines in embracing technology. Still, as more business processes become digitized, commercial lines insurers have access to more data they can analyze with more powerful tools. Technology then augments and supports relationships rather than replacing them. As...