CEO of ProSight Specialty Insurance Holdings, discusses why insurance companies remain stuck in the middle of what he calls the Great Divideand how he intends to avoid that fate for ProSight, the company he founded in 2009. Following are excerpts from our wide-ranging discussion on the future of the insurance...
According to a leading futurist, the real risk in the industry, may be the risk of doing nothingof failing to adapt to the rapid, and global, pace of change in a business that increasingly and continually must prove itself responsive to consumer needs, wants, expectations, and trends.
Profitability trumps growth, right? Indeed, after declining for six straight years, average property and casualty rates have been on the rise since late…
Supply chain disruption has become commonplace for the vast number of manufacturers, retailers, and other businesses that today are connected to global supply chains. In a recent BCI survey of more than 300 companies, more than 70% suffered a supply disruption in 2010 - and 50% of those surveyed experienced...
This week, Marshall Kath hands over the reins to a new NAPSLO president. To hear Mr. Kath tell it, in many respects it took little effort to lead an already well-oiled organization.
In his role as Vice President for OneBeacon Professional Insurance, David Molitano manages four distinct lines of business: technology, media, network security, and miscellaneous professional liability.
The explosion of social media networks has created enormous opportunity as well as emerging risk for the business professionals who create, manage and use them.
Insurance companies know definitively that unethical business practices are ultimately unprofitable.
DebugScreen: mobile
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