Posts Tagged ‘innovation’



October 11th, 2017

The Digitization of the Insurance Industry

Posted at 4:00 AM ET

Here we review recent GC Capital Ideas posts on the developing digitization of the insurance industry.

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October 10th, 2017

Industry Must Act to Avoid a “Kodak Moment”

Posted at 4:00 AM ET

In his first speech as Lloyd’s new chairman, Bruce Carnegie-Brown said the insurance industry must do more to change and innovate or run the risk of being disrupted by external players.

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September 8th, 2017

Reinsurance Solutions Continue to Achieve Stability and Growth for Cedents - GC@MC Commentary

Posted at 3:30 AM ET

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James Nash, President, International and Julia Chu, Managing Director

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  • Shift in buying strategies towards managing volatility
  • Marketplace ‘vibrant’ as buyers capitalize on full array of products
  • Move to de-commoditize solutions driving up product complexity

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July 31st, 2017

Disruptive Forces Redefining the Role of Insurance: Part II

Posted at 1:00 AM ET

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Victoria Carter, Vice Chairman, Global Strategic Advisory

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In our previous post we discussed three major disruptive trends driving change in the global economy. The world’s ageing population is causing the fourth disruptive phenomenon. For example, as Europeans’ lifespans increase and they have fewer children, the share of people aged 65 and older is projected to double from 16 percent in 2005 to 30 percent in 2050. Simultaneously, the most economically active age group (25- to 64-year olds) in Europe is projected to decline to less than half the population by 2050. These trends may pressure society’s ability to fund the increasing costs of retirement and healthcare for the elderly.

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July 27th, 2017

Disruptive Forces Redefining the Role of Insurance: Part I

Posted at 1:00 AM ET

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Victoria Carter, Vice Chairman, Global Strategic Advisory

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Fundamental disruptive forces are driving monumental changes in the global economy at an unprecedented rate. These forces compel the (re)insurance industry to adjust to the new reality and capitalize on the opportunities created.

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June 29th, 2017

Technology Innovation Shaping Decision Makers’ Expectations

Posted at 1:00 AM ET

Here we review recent GC Capital Ideas posts on how technology innovation is shaping (re)insurance decision makers’ expectations for the future.

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June 16th, 2017

Insurers Must Digitalize To Meet Buyers’ Needs, Says Greenberg; MMC Young Professionals’ Forum 2017

Posted at 6:50 AM ET

The financial services industry - including insurance - will undergo massive change thanks to digitalization, Evan Greenberg, Chairman and CEO of Chubb Limited told MMC’s Young Professionals’ Global Forum Thursday.

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June 15th, 2017

Industry Must Act to Avoid a “Kodak Moment;” MMC Young Professionals’ Forum 2017

Posted at 11:50 AM ET

In his first speech as Lloyd’s new chairman, Bruce Carnegie-Brown said the insurance industry must do more to change and innovate or run the risk of being disrupted by external players.

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June 15th, 2017

Industry Must Bend the Risk Curve to Deliver Value, Says John Doyle; MMC Young Professionals’ Global Forum 2017

Posted at 8:44 AM ET

John Doyle, President of Marsh LLC, called upon delegates at the MMC Young Professionals’ Global Forum to take advantage of the multiple opportunities in the current environment which he called the “Age of the Client.”

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June 15th, 2017

Exponential Thinking Key to Meeting Disruption Challenge, Says Josh Camire; MMC Young Professionals’ Global Forum 2017

Posted at 7:14 AM ET

Josh Camire, Managing Director of ExO Advisors, opened his presentation with the alarming prediction that 40 percent of today’s Fortune 500 companies will cease to exist in 10 years - primarily due to technological disruption.

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