Archive | Business Strategy

Is Insurance Ready for a Perfect Storm?

A perfect storm is an event in which a rare combination of circumstances drastically aggravates an event. We are in a 4th industrial revolution. A technology driven revolution which led to the term “Insurance 4.0”. Insurance 4.0 is defined as

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Is Direct or Agency Distribution Better For Customers? Neither.

Another direct-to-consumer insurance platform has launched in North America claiming that “unmet demand for simple and fast digital insurance services in today’s connected world. Savvy insurance customers want the option to research, compare, and buy easily online”. A growing segment

The post Is Direct or Agency Distribution Better For Customers? Neither. appeared first on insBlogs.

Is Direct or Agency Distribution Better For Customers? Neither.

Another direct-to-consumer insurance platform has launched in North America claiming that “unmet demand for simple and fast digital insurance services in today’s connected world. Savvy insurance customers want the option to research, compare, and buy easily online”. A growing segment

The post Is Direct or Agency Distribution Better For Customers? Neither. appeared first on insBlogs.

P&C Brokerages – How to Survive the COVID-19 Financial Crisis

Someone once asked Ernest Hemingway how he went bankrupt and he responded, “Two ways. Gradually, then suddenly.” This short piece is intended to provide you with strategies to protect your brokerage and position yourself for the recovery that will follow

The post P&C Brokerages – How to Survive the COVID-19 Financial Crisis appeared first on insBlogs.

2020 M&A Trends in Canada’s P&C Insurance Industry

We have written this piece to share our observations on issues that have an impact on mergers and acquisitions (M&A) activity in the Canadian Property and Casualty (P&C) Insurance Industry. These observations are based on divestiture processes we have been

The post 2020 M&A Trends in Canada’s P&C Insurance Industry appeared first on insBlogs.

Insurance and Innovation

Why Insurance Needs to Innovate Late last year AM Best released their new methodology and criteria on scoring and assessing innovation. “Innovation is becoming increasingly critical to the long-term success of all insurers. With innovation, companies can develop sustainable competitive

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P&C Brokerage Industry – Let’s talk Management Buy-ins

Let me start by saying that some of the best managed and most profitable brokerages in Canada are employee-owned. We believe that every succession planning process should, at the very least, consider this option. When talking about management buy-ins, a

The post P&C Brokerage Industry – Let’s talk Management Buy-ins appeared first on insBlogs.

P&C Brokerage Industry – Let’s talk Management Buy-ins

Let me start by saying that some of the best managed and most profitable brokerages in Canada are employee-owned. We believe that every succession planning process should, at the very least, consider this option. When talking about management buy-ins, a

The post P&C Brokerage Industry – Let’s talk Management Buy-ins appeared first on insBlogs.

P&C Brokerage Industry – Let’s talk Management Buy-ins

Let me start by saying that some of the best managed and most profitable brokerages in Canada are employee-owned. We believe that every succession planning process should, at the very least, consider this option. When talking about management buy-ins, a

The post P&C Brokerage Industry – Let’s talk Management Buy-ins appeared first on insBlogs.

P&C Brokerage Industry – Let’s talk Management Buy-ins

Let me start by saying that some of the best managed and most profitable brokerages in Canada are employee-owned. We believe that every succession planning process should, at the very least, consider this option. When talking about management buy-ins, a

The post P&C Brokerage Industry – Let’s talk Management Buy-ins appeared first on insBlogs.

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