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InsurTech: A Decade Gone, A Decade Ahead

February 19 2020 | Mark Breading

The InsurTech movement has been underway for the better part of a decade. Now that we have entered the 2020s, it might be worth exploring what could be on the horizon for InsurTech over the next ten years.

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Commercial Lines Insurance Transformation: Kicking It Into High Gear

February 04 2020 | Mark Breading

Transformation is fast becoming the next overused word in insurance, right behind digital and innovation. But the fact that so many commercial lines insurers are talking about transformation indicates a reality – there is definitely fundamental change underway.

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CES2020: The Rise of a New DWI (Driving While Interacting?)

January 14 2020 | Mark Breading

At CES2020 and the related Consumer Telematics Show (CTS) in Las Vegas, the vision of the fully connected car with a range of in-car digital services was very prominent. Significant progress has been made in implementing devices, apps, and new digital capabilities for the occupants of the vehicle.

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CES2020: These Are a Few of My Favorite Things

January 13 2020 | Mark Breading

After walking a great part of the 2.9 million square feet of floor space, visiting hundreds of booths, and reading countless articles, I’ve come up with a list of my personal favorites from this year’s Consumer Electronics Show.

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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,...

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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.

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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.

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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.

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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...

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What’s the Best Approach to the Small Commercial Market?

August 23 2019 | Mark Breading

The small commercial insurance market is hot – there’s no doubt it. In fact, the entire small business environment is quite active, with around 11 million businesses that employ less than 20 people, according to the US census bureau, and another 6 million with between 20 and 500 employees.

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