insurance

Even within P&C Commercial lines, Workers’ Compensation insurance is a unique niche. The stakes, if not higher, are at least different when you’re insuring not buildings and vehicles but human beings. People. Can you imagine a more unpredictable risk, or one that contributes in more ways to your success? ... Read More >
Every year, insurers adopt initiatives to replace either their entire policy administration suite or only certain components of it. Most of them go through the detailed steps of vendor selection, analyst research, cost/benefit analysis, total cost of ownership analysis, and other procedures that are important to executives. However, even after ensuring that all safety-nets are in place, only a few of those projects become successful. Many more are challenged by cost and time overruns. ... Read More >
This is the final blog in my EMEA insurtech miniseries highlighting unique innovators in the European insurance industry. Enjoy! ... Read More >
Cyber attacks have become the most prominent threat or disruption to business entities in recent years. Corporate entities are concerned about damages to their brands, the stability of revenues, and the safety and privacy for their employees and customers because criminals have become more sophisticated at figuring out standardized security and evading defenses. Specifically, cyber attacks present unprecedented challenges to 21st century enterprises because of the speed of occurrence and severity of damage, along with the enterprise’s vulnerability to keep up with the evolving complexity and volume of cyber threats. ... Read More >
This is the second blog in my current miniseries highlighting unique European insurance industry innovators. With 118% growth in insurtech deals in 2017, Europe is a region to keep an eye on for unique value propositions. Enjoy! ... Read More >
According to analysis by Accenture, the number of insurtech deals in Europe grew 118% during 2017. Although the U.S. is the biggest region in terms of investment in insurtech projects, Europe is becoming a major player. This is the first in a three-part miniseries highlighting three unique European innovators. Enjoy! ... Read More >
My name is Brian Desmond and I serve as the CMO at Guidewire, which provides an industry platform for property and casualty (P&C) insurers. In a previous blog post, I defined what an industry platform is and why it’s such a big idea for the P&C industry. In this blog post, I outline why the cloud—in terms of its technology and business model definitions—is critical for an industry platform to perform at scale. I appreciate the fact that you may be skeptical, given my company’s role. I’ve tried to write a substantive and useful piece. You will be the judge of that. ... Read More >
Not all software vendors think of themselves as being on a journey with their customers. Many, if not most, communicate their releases as single data points with little vision toward the future. While it’s easy to look at the most current version as the best version ever, what would happen if vendors instead looked at the long-term view of their platform? ... Read More >
Drivy is the leading marketplace for car rentals in Europe. The service enables each user to rent a car from someone within walking distance of the renter’s home whenever needed—whether to go away for a weekend, attend a business meeting, or organize a move. The service includes comprehensive insurance coverage. Vehicle owners can also rent out their vehicles on the website. ... Read More >
Recently I had the pleasure of attending the Plug and Play 2018 Winter Symposium where InsurTechs “pitched” their value propositions in five minutes to a large audience of insurers and potential investors. In my final InsurTech blog for 2018, I highlight three interesting value propositions from the session. ... Read More >

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