Market and technology realities create a digitalization imperative, but insurers must overcome cultural and technical challenges in order to avoid shrinking or being absorbed by competitors.
Wilcox, whose tenure begins Jan. 1, 2017, succeeds Dale A. Thatcher, who has retired after 16 years as Selective’s CFO.
More CIOs report to the CEO today, budgets have shifted from maintenance dominating to new development, and CIOs are increasingly expected to be masters of managing vendors, API-delivered services and new ventures.
Technical innovation is an opportunity for the reassertion of insurers’ traditional commitments to their customers and partners.
The impact of salons was felt even as their necessity was lost at the start of the French Revolution. Their lessons persist, especially around idea generation, critique, and community.
Key to ACORD’s future will be improving its capabilities and playing a greater role in the areas of services and assets, Pieroni says.
Gamification could help enable carriers to keep productivity levels from dropping during the Olympics—and possibly even increase production levels.
The P&C software vendor has named OpenLink Financial veterans Henry Bonner Kevin Hesselbirg CEO and chairman, respectively.
Success will come to those insurers and startups which are able to make the necessary adjustments to their own preferences, cultures, and working models to create meaningful partnerships with startups.
Anthem touts the new studio as a hub for the development of advancements in health IT to improve the consumer experience, quality of care and drive affordability.