Commentary

While insurers may be cautiously optimistic about the likelihood of economic expansion and regulatory relief this year, a number of obstacles could undermine their top- and bottom line growth.

The insurance business is undergoing rapid change in sync with all of the changes happening throughout our society and culture. Can you envision where your business will be in the next three, five or 10 years?

'Big data' gets its name in part because there is so much of it; it's in identifying discernible patterns that it actually delivers value. And in some cases, discovering hidden threats or opportunity.

Let me give you a few quick examples to illustrate how a recent trip challenged my conception of what 'personal growth' means.

Bad intelligence gets people killed or insurers sued.

As insurers continue major initiatives, launch new ones, and respond to the external forces acting on the industry, the strategies are increasingly overlapping and becoming mutually dependent.