Critical Information for P/C Carrier Executives
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Today's Headlines February 18, 2021

Seeding Innovation With Purpose: A 2021 Priority

The Chinese use two brush strokes to write the word "crisis." One brush stroke stands for danger, the other for opportunity. In a crisis, be aware of the danger—but recognize the opportunity. This idea, communicated by John F. Kennedy in a speech he delivered over a half-century ago, certainly resonates now. Carriers experienced danger on... read more
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Insurance Today and Tomorrow: A Deep Dive Into RPA, AI and Blockchain

Carriers will find themselves facing another series of unprecedented challenges heading into 2021. S&P predicted in July that the U.S. P/C industry will see a 100.7 combined ratio in 2020, following two consecutive years where it was below 100. The COVID-19 pandemic continues to amplify these rising ratios. As the pressure mounts to stunt the... read more
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 Brand Spotlight 
The Insurance Industry Shift Hits Hyper-Acceleration for Digital Business Models

On March 12, 1928, William Mulholland, Harvey Van Norman and Tony Harnischfeger hiked down the dry-side of the newly-filled St. Francis Dam in California, inspecting worrisome leaks. Mullholland was the mastermind behind Los Angeles' new aqueduct — a 233-mile series of man-made rivers and reservoirs that...read more
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COVID-19 Changed Consumer Priorities, and Insurers Stand to Gain: EY Survey

Consumer priorities have changed in a major way because of COVID-19, and insurers stand to benefit if they adapt and respond in kind, according to the latest EY Global Insurance Consumer Survey. read more
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Insurers, Agents Both Want More Connectivity and Digital Collaboration

Both agents and insurers express strong support for agent-insurer connectivity and digital collaboration in distribution and servicing, according to a new IVANS survey. read more
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American Family Closes Purchase of Digital Exchange Bold Penguin

Madison, Wisconsin-based American Family Insurance has closed the deal on acquiring the digital exchange Bold Penguin that serves small businesses. read more
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Cyber Attack Risks Rise With Internet of Things Devices: Lloyd's

Internet of Things (IoT) devices are increasing the risk of cyber attacks to industrial and manufacturing businesses, according to a report published by Lloyd's in partnership with cyber analytics specialist CyberCube and reinsurance broker Guy Carpenter. read more
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Buffett's Berkshire Hathaway Makes Major Investments in Verizon, Chevron

Warren Buffett's Berkshire Hathaway Inc on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications Inc and a $4.1 billion stake in oil company Chevron Corp. read more
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UK Cites Worsening Political Risks in New Hong Kong Business Guidance

The UK highlighted increasing political risks in its latest guidance on conducting business in Hong Kong, pointedly dropping references to relations with its former colony as "positive" and "beneficial." read more
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Research and Webinars

Learn How This Carrier Reduced Manual Activities by 60%

Join us on Wednesday, February 24th, 10 am PST, 1pm EST Protective Insurance ...
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SMA: Your Future Focused Payment Strategy

"Delivering payments immediately – to claimants and third-party providers – ...
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Function vs. Speed: How Insurance Startups Can Have Both in a Digital Platform

"An insurance startup's approach to implementation could determine how well ...
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The Carrier Guide to Transforming Your Back Office

Many of us made big changes to the way we work this year. Whether your team is ...
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Best Strategies to Enable Data Science Investments in Underwriting

Now more than ever, insurance carriers are interested in using data science to ...
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Media

‘Rising Star’ Navigates Insurance Marketing

InsurTech Newsletter


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