Welcome to Insurance Innovation Reporter (IIR), a business-to-business media brand focused on the insurance industry’s use of information technology in support of business goals. We hope you’ll come here often to take advantage of the news, commentator insights and other resources here on our virtual pages. Permit us to expand on our editorial mission through a look at each component of our name:
Insurance: Our primary focus is on the carrier, the manufacturing side of the insurance industry, including the property/casualty, life and annuities, health, and reinsurance sectors. Our motto suggests our readership: “Resources for Insurance IT Strategists.” To put it more explicitly, our target reader is the insurance executive charged with either making decisions about technology investment or executing those decisions. That definition includes CIOs and other C-level executives, along with senior technology executives responsible for various aspects of technology evaluation and execution.
Innovation: We’ve all heard in one form or another that “insurance innovation” is an oxymoron. To that we reply, first, that if innovation is so rare, then it’s all the more important to discuss and follow what examples present themselves in the industry. However, we believe that innovation isn’t exactly rare, even though insurers need more of it – Lack of innovation won’t make insurance go away, but it may result in a given insurer vanishing. Some innovations are sudden departures, more of them manifest themselves as part of an adaptive process. We hope to provide insights and information that will help insurance carriers to evolve at the right pace, adopting new processes and technology and building for the future while prudently husbanding existing resources.
Reporter: Our ability to follow and interpret what’s happening in the industry is informed by over a decade of reporting on the use of IT by insurance carriers. Our experience is matched by few, our contacts by none. In addition to our regular news reporting, feature writing and analysis, we’ll provide commentary by a variety of expert sources, including analysts, consultants, vendors and the insurance executive peers of our target audience.