With dependable regularity the IASA conference comes around each June marking another industry year and presenting the opportunity to see how the industry has evolved in the previous twelve months.  As an industry we all have a strong digital agenda, the IASA conference will allow us to assess just how far we have progressed along that digital transformation road we have come. A recent survey AdvantageGo commissioned suggests that in many cases not that far. This time we’re off to...

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Back in the eighties when I first entered the Lloyd’s insurance market underwriting discipline simply meant doing exactly what the underwriter told you to do and not deviating from the rate sheet tucked conveniently at the top of the ‘box’ drawer.  The focus back then was primarily on writing for premium, hitting capacity limits and meeting the business plan income targets, arguably with less thoroughness in assessing the true quality of what was coming across the desk.  That was thirty...

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This week I will be heading to Bermuda to attend a new insurance industry event highlighting innovation on the Island.

Global Re’s Innovation and InsurTech conference will examine disruptive global technology trends and their effect on the evolution of the insurance and reinsurance markets, but I am particularly interested in seeing Bermuda contribute to the conversation around innovation in insurtech and what opportunities it can bring to the Island.

Bermuda as a jurisdiction has always worked hard to keep in touch with...

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Believe it or not there was once a time when Apple was not the globally dominant force it is today.  In a period when they were close to bankruptcy, Co-Founder Steve Jobs included the following nugget of wisdom in one of his company addresses: “The cure for Apple is not cost-cutting. The cure for Apple is to innovate its way out of its current predicament.”

It’s a piece of advice that the insurance and reinsurance industries should pay attention to, particularly...

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