Construction on the insurer’s innovation lab at UC’s 1819 Innovation Hub is underway, and the company’s space is expected to be complete in the first quarter of 2019.
An alumnus of IBM and Pan-American Insurance, Broussard led Insurity’s DataHouse product, which became the leading P&C vendor data solution.
Speakers described a more collaborative business model based on new cloud-based architecture featuring API-based services, and senior executives role in building partner ecosystems.
MMV, which now has $250 million total capital under management, will invest in 10 to 15 startups in the region over the next three years through new unit, MMV Southeast Asia.
Schmitt most led Business Strategy within key operating units at State Farm and earlier held the title of VP of Investment Banking in Barclay’s M&A division.
Senior business and technology leaders from Aviva, Axis, The Hartford and Montana State Fund discussed business cases, success criteria, culture and the industry’s data/analytics performance.
As insurers struggle to replace retiring professionals, outsourcing data management can provide access to AI and other kinds of technology-driven automation.
The InsurTech phenomenon has entered a ‘second wave,’ wherein investment in new startups has plummeted, but funding remains robust for more established innovators.
The new center is designed to advance innovation, ideation and experimentation for employees and community partners, including local startups.
During his remarks in the general session, the new chairman noted that he is the fourth Henry Gibbel to lead Lititz Mutual and the third to serve as NAMIC chairman.