"Increased alignment across strategic intent, digital capabilities, and resource allocation is the key differentiating factor separating sustainable value creators from the market," Bill Pieroni, president & CEO of ACORD, said.
(Credit: Song_about_summer/Shutterstock)
During the past 20 years, half of value-creating property and casualty insurers did so through investment income alone, depending on this stream to offset poor underwriting results, according to the Association for Cooperative Operations Research and Development (ACORD).
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
