Thought Leader in Action: At Starbucks By Jeff Pettegrew Starbucks' director of risk management says: "Our job is to train others. . . to make good, sound risk management decisions."
Successful Firms' Tips on Managing Risk By Tyler Leverty For example, economic capital models (ECMs) reduce risk -- but having a complex model doesn't work any better than a simple model.
Will Fintech Disrupt Health, Home Firms? By Matteo Carbone Numerous Fintech newcomers, building on the telematics model for autos, are taking dead aim at the health and home insurance markets.
Your Device Is Private? Ask Tom Brady By Byron Acohido If you think the NFL had no business demanding his phone -- and that yours is private, too -- you're probably wrong.
A Crucial Role for Annuity 'Structures' By Ken Paradis Given the tax-exempt status and safety of structured annuity settlements, is any post-injury financial plan complete without one?
How to Think About Marijuana and Work By Daniel Holden The short answer is: Just say no -- in a zero-tolerance policy, because safety must be paramount even as states legalize recreational marijuana.
Digital Is Not Enough; Nor Is Paperless By Chris Cheatham Don't think about just using insurance technology to connect to your customers. Think about connecting your risk management team.
Integrating Strategy, Risk and Performance By Norman Marks Rather than setting strategies and only then considering risk, consideration of risk should be a critical element in the strategy process.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.