A.M. BestTV Series on Insurance Innovation: Technology Helps, Culture Makes the Difference
OLDWICK, N.J.--(BUSINESS WIRE)--Oct 2, 2018--A series of new A.M. BestTV episodes featuring A.M. Best analysts and researchers look at how innovation is rapidly transforming the insurance industry. In the first of five episodes, Sridhar Manyem, senior director, Edin Imsirovic, senior financial analyst and Clare Finnegan, criteria analyst, examine a new A.M. Best industry survey of more than 450 insurance companies globally, which shows how many insurers are hungry to embrace innovation, but some face internal challenges to change. Click on http://www.ambest.com/v.asp?v=innovation1018 to view the entire program.
A.M. Best believes that innovation is becoming increasingly critical to the success and long-term financial strength of an insurer, as it enables a company to maintain relevance by developing meaningful solutions to ever-evolving risks or improving operational efficiencies.
“The increase in insurtech players is providing opportunities for insurance companies to do interesting things without necessarily having big investments,” said Imsirovic. “Innovation is also about the culture of a company, management’s ability to recognize good ideas, and equally important, to implement and execute those ideas to gain a sustainable advantage.”
To access a copy of the special report, titled, “Insurers Agree Innovation Is Critical for Future Success,” visit http://www3.ambest.com/bestweek/purchase.asp?record_code=278448.
Other episodes of A.M. BestTV in this series on innovation include:
A.M. BestTV covers exclusive A.M. Best and insurance industry information and reports, targeted topics and key developments in the insurance, reinsurance and related sectors daily. Sign up for alerts of episodes at. ViewA.M.BestTV episodes at.
Copyright © 2018 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005976/en/
CONTACT: A.M. Best
Lee McDonald, +1 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
KEYWORD: UNITED STATES EUROPE NORTH AMERICA NEW JERSEY
INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE
SOURCE: A.M. Best
Copyright Business Wire 2018.
PUB: 10/02/2018 02:17 PM/DISC: 10/02/2018 02:17 PM