All tagged Mutuals
A revolution in data management is driving change in the way for-profit insurers are pricing risk, throwing down a challenge to the values of the mutual sector. Is now the time for Mutuals to revisit their own approach to pricing?
This is based on an article for the that my colleague Neil Chapman & I wrote.
Mutual and cooperative insurers have justifiable pride in the high levels of service they offer to their members. But, with improved and deeper customer relationships being a key focus for the commercial sector’s application of technology and so-called ‘big data’, are you ready to repel the threat to even long-held customers’ loyalties asks Robin Swindell.
A clear statement of risk appetite statement is central to empowering stakeholders of all types, but especially those without a background in financial services, to participate democratically in the control of their mutual insurers.
At the International Cooperative and Mutual Insurance Federation (ICMIF) MORO Conference in June 2016 I spoke to AM Best TV about recent changes in the reinsurance market, and their impact on mutual insurers.
This article was first published in May 2015 as part of Insurance Day’s special report on Mutuals, later on the Willis Towers Watson Wire in August 2015, and as a blog for ICMIF in November 2015.
This article was first published on the Willis Towers Watson Wire in November 2013.
These powerful tools for exploring data with a geographical element have wide application in the insurance and reinsurance industry, and can be used by mutuals to overcome some of the challenges they face.
This article first appeared on the Willis Towers Watson Wire inSeptember 2013
Each year since 1957, senior management from brokers, insurers and reinsurers around the world have gathered in the Principality of Monaco, considered by many as neutral territory in the commercial clashes of the reinsurance market, as it has no indigenous insurance or reinsurance industry. This year discussions were dominated by one subject: what impact is the influx of new capital into the reinsurance sector having?
