Browse the BlogViewing entries written by Mark Breading
P&C Personal Lines Insurers Focus on Transformational Initiatives
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.
CES2019 Recap: Six Themes for Insurers to Consider
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.
Data is the Name of the Game at CES2019 … But How Will That Play Out for Insurance?
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.
In 2019, We will Expect More of the “New” in Insurance
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.
A Provocative View on the Future of P&C Claims
Property/casualty claims is destined to transform more than any other area of the insurance business over the next decade.
Broad Implications, Significant Activity for Emerging Tech in Personal Lines
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.
New Entrants in Insurance: Industry Transformation Accelerates
New entrants seem to be coming out of the woodwork in insurance. And it is not necessarily a bad thing. The InsurTech movement, the advance of emerging technologies, and the appetite of the global tech titans are all contributing to new entrants, new partnerships, and new business models.
Live From Las Vegas! It’s InsureTech Connect 2018!
No doubt about it. InsureTech Connect has become the biggest and most influential tech event in the insurance industry. The entire ecosystem of insurance is well represented: insurers, InsurTech startups, incumbent tech companies, venture capitalists, industry associations, consultants – you name it. They are here.
Insurer Communications with Customers: A Whole New World
Common things we hear these days: “If you really want to reach me, text me.” “Send that file to me via Slack.” “I live on Facebook so send me a message on Facebook Messenger.”
What’s in a Name? The Art of InsurTech Naming
What is it with InsurTech brand names? Among the InsurTechs SMA is tracking (well over 1,000) are a wide range of names ranging from the clever to the practical to the bizarre. Having personal experience with naming, I can understand the challenges of finding something memorable, not already used, and...
