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Viewing entries written by Mark Breading

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Siri, What’s Your Opinion of Driverless Vehicles?

March 13 2017 | Mark Breading

Astounding leaps forward have been made in two key technologies in the last couple years: voice recognition and artificial intelligence. Machine learning has fueled tremendous advances that are now resulting in these two technologies being used very broadly across many types of devices and in many situations.

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Emerging Tech in 2017: Reshaping Insurance With Convergence

March 07 2017 | Mark Breading

The world itself is at an inflection point, with emerging technologies poised to change every aspect of our lives and businesses. Exactly how each industry will be transformed and how this will affect insurance is difficult to predict.

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InsurTech in 2017: Serious Contenders or La La Land?

March 02 2017 | Mark Breading

The InsurTech landscape grows, shifts, and changes every day. SMA is tracking about 800 InsurTechs, and there are others that are likely not on our lists. Many insurers are racing to keep up with the new announcements, pivots, funding rounds, partnerships, and other activity that is shaping and reshaping this space.

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Will Phone and Cyber Scams Spell the Death of Direct Marketing?

February 21 2017 | Mark Breading

We are facing an epidemic that is only going to get worse – the scourge of cyber and telephone based scams against individuals and businesses. Scammers are becoming so sophisticated that it is difficult for even the most educated and tech savvy individuals to avoid being conned.

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2017 IT Spending Plans Signal a Year of Transition

February 14 2017 | Mark Breading

The insurance industry is in transition, no doubt about it. So much is happening regarding digital strategies, InsurTech, customer expectations, analytics, and other areas that are positioning the industry for a new future. Despite all the activity, IT budgets for P&C and L&A insurers in North America this year appear...

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When Worlds Collide: Insurers and InsurTech

February 10 2017 | Mark Breading

The insurance industry is on a collision course. Like the 1933 science fiction novel of the same name, a small number of individuals with insight recognize this fact and are preparing for a new and different future, while many others are blissfully unaware of the impending danger.

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It’s All About Convergence: Insurance Directions in 2017

January 31 2017 | Mark Breading

Convergence is emerging as the key theme for 2017. As insurers continue major initiatives, launch new ones, and respond to the external forces acting on the industry, the strategies are increasingly overlapping and becoming mutually dependent. On one hand, traditional challenges and related strategies are not going away.

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Living in a Smart World: New Products from CES2017

January 11 2017 | Mark Breading

For every object you can think of that we use in our daily lives, there is probably a smart version of it already available or in the process of development: that is one of my conclusions from CES2017.

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CES2017: Hot Trends, Cool Stuff, Insurance Implications

January 09 2017 | Mark Breading

If there was one overriding theme to CES2017, it was that emerging technology progress seems to be accelerating, with new products and uses spreading across every conceivable human endeavor. My observations from an intense four days in Las Vegas include highlights on the hot trends, examples of some very cool...

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Connected World 2030: Utopia or Dystopia?

January 04 2017 | Mark Breading

What will the world look like in 2030? As the world becomes increasingly connected, will technology free the human race and solve the age-old problems of the world? Or will it lead to chaos and misery? Utopia or dystopia – what’s it gonna be? This may seem like just philosophical...

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