Six Things Newsletter | February 9, 2021 By Insurance Thought Leadership In this week's Six Things, Paul Carroll tackles the insurance industry's archaic and often downright unfriendly language. Plus, the next wave of insurtech; insurance 2030: implications for today; increasing regulation on climate change; and more.
Let's Watch Our Language By Paul Carroll How can we reinvent the customer experience when insurance's insular language limits our ability to entertain outside perspectives?
How CFOs Can Enable Innovation By Amy Radin Businesses need innovation now more than ever, and CFOs can energize their organizations by taking action in three areas.
ITL FOCUS: Blockchain By Insurance Thought Leadership ITL FOCUS is a monthly initiative featuring meaningful topics as they relate to innovation in the risk management and insurance industries.
U.S. M&A Will Rise Sharply in 2021 By Vikram Sidhu Jared Wilner A more optimistic outlook for most lines of business will make stronger players look for growth through acquisitions.
The Right Policies for a Pandemic By Michael Shaw To ensure COVID-19 does not further weaken the economy, insurers should work to increase the flow of goods and services.
2021: The Great Reset in Insurance By Stephen Applebaum A shift toward greater corporate and social responsibility and empathy in general is underway, and 2021 will bring a great global reset.
Are You Prepared for the Future? Truly? By Mike Manes Are you prepared for the future as it will be, or are you still assuming a neat and clean and comfortable life with incremental change?
Are We Losing Our Negotiating Power? By Taylor Smith John Burge The plaintiff bar has investigated a staggering amount of money to improve its data on claims settlements. Insurance industry lawyers are way behind..
Continuous Improvement Comes to Insurance By Tom Bobrowski Process intelligence tools let operations leaders “see” digital products being built, enabling use of statistical process control techniques.
The Experience/Efficiency Paradox By Rory Yates Insurers must move from the manufacturing era (efficiency through administrative scale) to the ecosystem era (maximizing the value of a relationship).
Changing Expectations on Mobile Payments By Julie Schieni 41% of millennials with insurance purchased it with their mobile device, and other generations are moving in that direction, too.