Run Time: 65:39
November 16, 2020 in Carrier Management
CM Roundtable: Is Insurance Innovation Overrated?
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This CM Virtual Roundtable brings together innovation experts from the P/C industry to consider if innovation is an overhyped concept or a business imperative for insurers and reinsurers. Coming to the topic with varying backgrounds, panel members provide their individual definitions of innovation and discuss issues central to innovation:
• How to justify their efforts. (Are ROI and other traditional measures relevant?)
• Roles of InsurTech startups.
• Costs of failing to innovate.
• What insurers can do to most effectively move innovation efforts forward.
Panelists are:
• Jeffrey Bohn, Chief Research and Innovation Officer, Swiss Re institute
• Phil Edmundson, Founder and Chief Executive Officer, Corvus Insurance
• Chetan Kandhari, Chief Innovation and Digital Officer, Nationwide
• Asha Vellaikal, Managing Director and Global Head of Digital Labs, Marsh
Moderated by:
Mike Fitzgerald, Principal Analyst, Insurance, CB Insights
Guest Editor:
David Bradford, Principal, Iosis Consulting
