Strategy for Insurance Executives: Building a Powerful Business

In the dynamic world of insurance, executives constantly seek ways to steer their companies toward sustainable success. In this third installment (Part 1 and Part 2) of our series on strategy for insurance executives, we will probe into the concept of Power—a critical economic position that enables a business to generate above-market profits for an … Read more

Strategy For Insurance Carrier Executives – Defensible Differentiation

It’s an open secret: insurance policies are notoriously complex, often leaving both buyers and industry professionals scratching their heads about covered risks. Ask an underwriter for a clear example of coverage, and you might receive a lengthy, convoluted, and vague response. Such complexity contributes to the commoditization of insurance products, making it nearly impossible for … Read more

The USA as an (Insurance) Startup

On July 4th, 1776, a remarkable startup was born. Dubbed the United States of America, this fledgling entity struggled in a world dominated by established powers. Much like any new business venture, the USA had to fight—quite literally—to establish its place. Once it found its footing, the next challenge was determining how to survive and … Read more

An Introduction To Strategy for Insurance Executives

Every insurance company (companies operating within the insurance ecosystem, so this can include carriers, brokers, TPAs, MGAs, insurtechs etc.) I have come across believes that they have a strategy and are executing a strategy. And almost every single time, I beg to differ with the presenters, and that is very hard to communicate. It’s like … Read more

Building Corporate Culture – Right People, Right Seats Approach

tldr; Right People, Right Seats” is not merely a hiring strategy, but a holistic approach to talent management that fosters a win-win situation for both employees and the organization. By prioritizing cultural fit, aligning skills with roles, and fostering a culture of continuous learning and development, companies can create a high-performing workforce that drives innovation, … Read more