It’s either strategic planning season at your company or it soon will be. For insurers, strategy time means renewed, intensified focus on underwriting appetite. Simply put: what business will you strive to win for the next 3-5 years? Many senior line, territory, and segment leadership teams probably won’t discuss much else this summer and fall. But do you have the data to start that discussion? Can you recognize emerging opportunities for profitable growth? Are you relying mostly on your current book or chasing the most recent headline in lieu of having the best information?
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Symantec
Cyber has emerged as one of the fastest growing lines of insurance globally cyber-insurance-underwriting-slides-150x112with over 70 insurance carriers underwriting the cyber risk of companies. But how does the security industry’s view about what makes a good or bad risk differ from the emerging consensus from cyber underwriters? In this webinar, panelists shared results of an analysis that compares the views of 10 leading Cyber Insurance underwriters, leading Fortune 1000 CISOs and the Symantec Cyber Insurance underwriting team. Sponsored by Symantec, the free, one-hour webinar revealed substantial disagreement within the underwriting community, as well as between underwriters and CISOs about how to analyze a risk.
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quadient
Insurers are in the throes of digital transformation. But there are big differences within the industry based on product line, distribution model, and executive commitment to digital business transformation.Most insurers are still exploring the potential of digital technologies only in pockets of their organization-focusing on marketing or paperless processes. Few are delivering a compelling digital customer experience and building strong digital capabilities for the future.
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“How do we differentiate our products from our competitors? What we realized is that the long pole is the technology.” – Roundtable Participant
Nearly every insurer today is talking about transforming their business, recognizing the significant need to improve, both operationally and innovatively, to enable sustainable growth. This era of life insurance is different than even just a few years ago.
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