Dinner With Warren Buffett (Part 3) By Tony Canas Buffett's letters to shareholders include these five bits of timeless advice. One: Never downsize your underwriters during slowdowns.
What Millennials Demand as Customers By Alex Polyakov Millennials don't have the patience for traditional delays and stacks of documents. The industry faces a generation gap -- and it may be too late.
Leadership Lessons for My Newborn By Dan Swift You're two weeks old, son. Let's start talking about leadership, about business, about people and about life.
Strategy: Now Is Not a Good Time... By Amy Radin ...but now is always the time. Businesses of all sizes need to have a strategy about what to do -- and what to not do -- to allocate resources well.
Decision Dysfunction in Corporate America By Mike Manes If your customers voted tomorrow, who in your organization would be retained? Who would be fired as examples of dysfunction?
How to Avoid Commoditization By Jon Picoult To prevent commoditization, evaluate all contacts by customers and see how many you can preempt. You'll be able to compete on value, not price.
Dinner With Warren Buffett (Part 2) By Tony Canas Buffett: "The urge to keep writing business is intensified because the consequences of foolishly priced policies" may be hidden for years.
Insurance Needs a New Vocabulary By Paul Carroll Sure, everyone is talking about improving the customer experience, but look at the words we use.
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.
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).