Keyword
change
Why portfolio simplification and shareholder activism matter
June 21, 2022 by Jason ContantTo successfully lead a company through an era of constant change, a CEO should consider simplifying the company’s portfolio and prepare for shareholder activism, a Harvard Business Review blog says. Inflation, geopolitics, supply chain issues, labour costs, divisiveness, unsettled equity…
Beware of cumulative dangers of change, insurer CEO says
April 17, 2019 by Jason ContantChange can be a “wonderful thing,” but organizations must be aware of its cumulative impact, the president and CEO of CNA Canada said last week at the CIP Society Symposium’s Up Close and Personal session. Imagine an insurance company that…
A new way for brokerages to assign clients to advisors
February 12, 2018 by Jason ContantAn Ontario brokerage has done away with the traditional alphabetized way of assigning clients to brokers. Under the alphabetized approach, sometimes referred to as the “alpha split,” a brokerage divides its clients evenly by the number of account managers it…
Top 3 issues for adjusters
November 27, 2017 David Gambrill, Editor-in-ChiefMonica Kuzyk, president of the Canadian Independent Adjusters’ Association (CIAA), talked to Canadian Underwriter Monday about the most significant issues facing Canadian insurance adjusters going into 2018. Here is her list of Top 3 issues facing adjusters today: Number 1:…
Biggest changes for insurers in 2017 could come from product innovation, predictive analytics, cybersecurity and digital distribution: Novarica
December 6, 2016 by Canadian UnderwriterThe biggest changes for insurers in 2017 could come from product innovation, predictive analytics, cybersecurity and digital distribution, according to a new executive brief from Boston-based research and advisory firm Novarica. Released on Tuesday, the report, titled Five Potential Changes…
Technology driving long-term transformation of the insurance industry; price levels expected to stabilize: Swiss Re
September 12, 2016 by Canadian UnderwriterTechnological developments will profoundly change the way in which the re/insurance industry develops, distributes, underwrites and administers the insurance protection it sells to consumers, Swiss Re said on Monday. New technologies such as cognitive and cloud computing as well as…
Industry must innovate or become irrelevant, conference speaker cautions
August 31, 2016 Angela Stelmakowich, EditorThe insurance industry will likely face what could be its biggest shift ever over the next decade and successful navigation will demand greater collaboration with a wider group of organizations, Mike Key, SAP’s vice president of business development, Global Core…
Half of CEOs worldwide expect substantial digital transformation, Gartner survey finds
April 21, 2016 by Canadian UnderwriterHalf of CEOs worldwide expect their industries to be “substantially or unrecognizable transformed” by digital change, according to a survey released on Wednesday by Stamford, Conn.-based information technology research and advisory company Gartner Inc. The 2016 CEO Survey: The Year…
IBAO president anticipates ‘bright future for brokers who are willing to change’
March 29, 2016 Greg Meckbach, Associate EditorThe insurance industry may not be known for technological innovation, but there is a future for brokers who are willing to change, speakers said Tuesday during the annual general meeting of the Insurance Brokers of Toronto Region. “The only thing…