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E.g., 2022-11-27
E.g., 2022-11-27
November 21, 2022
One of the truly catchy tunes from late in the 20th century was “Closing Time,” where Semisonic popularized a quote usually attributed to the Roman philosopher Seneca the Younger: Every new beginning comes from some other beginning’s end. With less than two months left in 2022, we’re hurtling to the conclusion of a year that many will likely want to forget. At the same time, we’re racing into...
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November 2, 2022
The world around us is moving fast, and the expectations of the entities and people that are part of our respective value chains could best be described as “heightened.” Some of this may be a result of changed digital profiles from the pandemic. Some may simply be a result of greater operational transparency or a willingness to challenge the status quo. Whatever the root causes, the lesson...
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October 27, 2022
We have raced into the final quarter of 2022. Somehow we’re less than 90 days from the proverbial finish line—it feels like we’ve entered a completely different zone from the early part of the year. In the immortal, and somewhat irreverent, words of Jerry Garcia, “What a long, strange trip it’s been.” Earlier in 2022, we experienced multiple points that seemed like they might have been...
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October 13, 2022
On September 29th, Aite-Novarica Group’s Insurance practice facilitated a Special Interest Group meeting focused on innovation and emerging technology. Our Special Interest Groups are confidential knowledge-sharing meetings where our team shares recent research and participants discuss industry trends, challenges, and opportunities. This session began with a focus on some key takeaways from...
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October 11, 2022
Moving into what I hope we will soon be able to call the “post-pandemic” era has led to an array of changes in operating models, including the opportunity to once again enjoy the richness of in-person events. This was brought home for the Aite-Novarica Group Insurance practice recently when we hosted our first Research Council Meeting since 2019. The InsureTech Connect conference provided the...
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October 6, 2022
The period since the pandemic began has been one of fits and starts, ups and downs, as we’ve tried to adapt to a changed reality. So many things we’d taken for granted suddenly seemed simply out of reach.  But adapt we did. Over the past two and a half years, we’ve perfected an array of digital connections, learned the pros (and cons) of video meetings, perfected models for “working from...
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September 28, 2022
Philadelphia is known for more than just Ben Franklin, cheesesteaks, Rocky at the Museum of Art, and musical soundtracks. It is also a city with a vibrant insurance community, which made it the perfect spot for the Aite-Novarica Group Insurance practice’s first in-person Regional Roundtable since before the pandemic. In a twist, it was also the site where we had to postpone our first event in...
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September 20, 2022
Recently, I was asked to share my thoughts on life insurance underwriting in the future, with an eye toward what I would start planning now for a new and improved approach that could be implemented by mid-decade. It is a big and interesting question, given the critical nature that the function plays in all lines of business, compounded by the issues created when a product set is blessed with...
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September 16, 2022
We are cruising toward the final quarter of 2022, with the planning and budgeting processes in full swing at most insurance carriers. 2023 will be upon us before we know it, and for many people, there won’t be a lot of tears shed when we close the books on the year that was. We have had some remarkably good news: the broad rollout of COVID-19 vaccines and boosters, the apparent resilience of...
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September 13, 2022
For many institutions, including the families we nurture and the companies we foster, “pay-it-forward” moments are critical for sharing knowledge and building cultural frameworks that are both resilient and adaptable to changing circumstances. The metaphor of planting a tree that only a child or grandchild will live to appreciate is a powerful one. While there are absolutely essential things...
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