| Contact Us

CES2020: Big Themes Relevant for P&C Insurance

January 09 2020 | Mark Breading

The annual Consumer Electronics Show in Las Vegas (CES) is where the latest TVs, smartphones, and a plethora of smart gadgets of every imaginable kind are introduced and on display. This year the press is breathlessly reporting on the latest in tech that relates to every area of human endeavor,...

Read the full post »

AI in Insurance: Overhyped or Underestimated?

January 06 2020 | Mark Breading

Technologies in the artificial intelligence family have great potential in insurance, according to a recent SMA survey of P&C insurance executives.[1] This should come as no surprise to anyone following the developments in machine learning, natural language processing, computer visioning, chatbots, virtual assistants, and other related technologies.

Read the full post »

Are Transformational Technologies Losing Steam in Personal Lines?

December 18 2019 | Karen Pauli

Technology adoption in personal lines has been going on for a long time. Because of the early advent of personal auto data standards, technology adoption has been fairly “easy” (always a relative term!). Many insurers have staked their industry competitive advantage on data and analytics – Progressive comes to mind.

Read the full post »

Commercial Lines Insurers Are Embracing Transformational Technology – No, Really!

December 06 2019 | Karen Pauli

Journalism 101 classes teach that a provocative headline is necessary to attract readers. Today, many news outlets are taking that to a high art form. Current journalism aside, my guess is that the above headline drew some insurance industry skeptics to read further.

Read the full post »

A New Bet on The Insurance Technology Leaders of the Future

November 21 2019 | Karen Pauli

In five years, the premier insurance technology providers will be Aon, Marsh, Munich Re, Swiss Re, and Allianz. This is a fairly radical statement to make, but it is not made without evidence and support. The following five announcements lead me to this conclusion:

Read the full post »

Innovation in Insurance: A Ten Year Journey

November 18 2019 | Mark Breading

Innovation has gone from a word barely spoken in property/casualty insurance to a trend that has swept through the industry. The past decade, in particular, has seen enormous progress in adopting innovation, operationalizing it into mainstream plans, and driving real transformation in the industry.

Read the full post »

Claims – Caught Between a Rock and a Hard Place – No More!

November 14 2019 | Karen Pauli

According to the Grammarist.com, the phrase “caught between a rock and a hard place” came about in the early 1900s in Bisbee, Arizona, where miners who were seeking better working conditions pushed the mine owners for improvements.

Read the full post »

What’s New in the Fight Against Insurance Fraud?

November 12 2019 | Mark Breading

Insurance fraud has been around since – well – the beginning of insurance.

Read the full post »

Has a “New” Theme Emerged at InsureTech Connect 2019?

September 27 2019 | Mark Breading

After three intense and exhausting days at ITC2019, I’m a little conflicted. It was quite exciting. And there are many fascinating companies and ideas that are truly transforming our industry. But then King Solomon’s words (from the Bible) come to mind – “There is nothing new under the Sun.” I...

Read the full post »

The Homeowners Insurance Quoting Process: Is It Improving?

August 28 2019 | Karen Pauli

One of the big areas of focus across the insurance industry, in general, has been to streamline the application/quoting process. Whether it’s agents who are submitting applications for their customers or individuals and business owners filling out their own applications, there is a clear recognition that faster and simpler is...

Read the full post »

1 2 3 432