Viewing entries written by Mark Breading
Strategic Planning for Insurance in the COVID-19 Era
No one will mistake 2020 for just another year. The turmoil caused by the pandemic, lockdowns, and social unrest is unlike any other year. Businesses, individuals, and governments have all been forced to make dramatic changes and adapt to new realities.
The New Era of Geocoding: The Key to Advantage in Property Underwriting
In the real estate market, it is often said that the three most important factors are location, location, and location. A similar argument could be made for insurance property underwriting. Of course, the attributes of the property itself are important – and there is a lot of buzz in the...
P&C Tech Plans and COVID-19: The Good, The Bad, and the Ugly (but Mostly Good)
P&C insurers are staying the course when it comes to their original digital and technology plans and investments for 2020. Many insurers report no changes to their plans, with some reshaping and a few accelerating, but very few pausing or retrenching.
Insurance Tech Vendors: The Best of Times and the Worst of Times
With the dramatic shifts in the business world due to the pandemic, it seems that every aspect of tech and insurance is being scrutinized. After speaking with dozens of tech companies over the last two weeks – including incumbents, InsurTechs, and companies of all sizes, a theme has emerged.
The Moment of Truth: Will COVID-19 Disrupt the InsurTech Movement?
If there is one thing that we have all learned with the spread of COVID-19, it is that there is virtually no industry that is immune to its impact. The global pandemic is disrupting the daily lives of individuals, the operations of businesses, the activities of governments, and even the...
The Moment of Truth: Will COVID-19 Be The Tipping Point for Digital Transformation?
Countless articles about the implications of COVID-19 on the insurance industry are circulating in the digital universe. Many aspects of the industry will be affected, but the ultimate impact depends on the length and magnitude of the virus crisis, something that is difficult to predict.
InsurTech: A Decade Gone, A Decade Ahead
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.
Commercial Lines Insurance Transformation: Kicking It Into High Gear
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.
CES2020: The Rise of a New DWI (Driving While Interacting?)
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.
CES2020: These Are a Few of My Favorite Things
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.