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Viewing entries written by Mark Breading

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Three Major Data Challenges in the Digital Era

June 18 2019 | Mark Breading

Data is powering the new economy and is the main driver behind much of the transformation of industry and society. According to multiple sources, 90% of the data in the world has been created in just the last two years.

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Google and Applied: Six Months In

April 19 2019 | Mark Breading

The insurance world was caught by surprise last October when Google’s Capital G investment arm announced a substantial investment in Applied Systems (north of $100M). It was seen by many as an endorsement of the independent agent (IA) channel.

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Musings on the Future of Autonomous Vehicles – And Practical Implications for Today

April 03 2019 | Mark Breading

What might a future world look like where all transportation is via autonomous vehicles? Although we might be decades away from this vision, there are useful insights to be gained for today’s strategies in thinking through the possibilities.

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P&C Personal Lines Insurers Focus on Transformational Initiatives

February 14 2019 | Mark Breading

Transformation in the property/casualty personal lines segment has been underway for some time as insurers position for success in the digital age. SMA has been tracking and supporting this transformation over the last decade and now observes an important shift in strategy.

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CES2019 Recap: Six Themes for Insurers to Consider

January 15 2019 | Mark Breading

4,500 exhibitors ... 185,000 attendees ... 2.75 million square feet of exhibit space ... hundreds of sessions. That’s CES2019 in a nutshell. The range of technologies and products displayed each year is staggering, making it clear that innovation is in high gear around the world.

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Data is the Name of the Game at CES2019 … But How Will That Play Out for Insurance?

January 11 2019 | Mark Breading

CES, which once centered on Consumers and Electronics (per its name), now extends far beyond consumers and focuses much more on software and data than on the electronics and hardware. To be sure, it still all comes together in physical devices, and elements like engineering and design are vitally important.

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In 2019, We will Expect More of the “New” in Insurance

December 18 2018 | Mark Breading

The insurance industry is in the midst of a renaissance with new types of activities and developments around every corner. There are new entrants, new partnerships, new business models, new investments, and new products being revealed to the market on a daily basis.

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A Provocative View on the Future of P&C Claims

December 05 2018 | Mark Breading

Property/casualty claims is destined to transform more than any other area of the insurance business over the next decade.

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Broad Implications, Significant Activity for Emerging Tech in Personal Lines

October 31 2018 | Mark Breading

Personal lines insurers are actively investigating emerging technologies and developing strategies and plans related to individual new technologies. Technology is advancing so rapidly that it is even difficult to define what should be considered an emerging technology.

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