While innovation in insurance is proceeding apace, our attempts to puff up what we're doing can be confusing, even borderline comical. I vote for simple and straightforward.
The lesson: Be like Stephen, the unlikely hero of U.S. men's gymnastics, which won its first team medal since 2008. In insurance terms, that means: Look for specialties.
The International Insurance Society's annual survey found inflation is the biggest concern for executives worldwide for the third year in a row, while AI surged as a priority.
37% of insurance companies acknowledge their resilience and agility are weak -- and firms that exhibit strong adaptability outperform competitors by up to 50%.