I'm hypothesizing that when insurers and insurance groups fund startup cyber MGAs or startup cyber insurers they are behaving like VCs hoping to generate desired returns from (some of) their investments. But are they really behaving like VCs - do these insurers (using cyber MGAs) have a plan regarding how much to invest, or a… Continue reading Regarding Cyber Risk Funding
Category: Uncategorized
Stop Throwing the Term “AI” Around: It’s not One Technology !!!!!
This post is triggered by a comment I made about needing to be more specific about the use of "AI": one of my LI members said I was looking for a "cookbook or recipe" ...My response:No, I am not looking for a "cookbook or recipe". Source: Bing.com image from a search for "AI" I am… Continue reading Stop Throwing the Term “AI” Around: It’s not One Technology !!!!!
Status Report: My Book About the P&C Insurance Industry & Technology
One milestone finished: my editor at Wells Media sent me his reviewed copy of my (around 73,000 words) manuscript on Friday, October 29, 2021. He reviewed it for content, including: Content to slim downContent to deleteContent to move (and where to move it)Content to add (and where to add it). I will now begin my… Continue reading Status Report: My Book About the P&C Insurance Industry & Technology
CX-Shaped Life Insurance Geospatial Initiatives
I began my insurance career as a life insurance actuarial student. The key words are "began" and "student." I enjoyed my time with John Hancock as an actuarial student before I was drafted into the Army. There were no deferments for actuarial students when I got my 'Greetings and Salutations' during that time period in… Continue reading CX-Shaped Life Insurance Geospatial Initiatives
PERSONAL POST – A June 2021 Update of Santa Fe Restaurants (My lists)
The restaurant scene in Santa Fe, New Mexico remains as robust and diversified as ever. Yes, some restaurants closed during the Covid-19 pandemic but it seems quite a few of them have either reopened or will reopen in early July. (Our State is fully reopening as of July 1, 2021). Some new restaurants began operating… Continue reading PERSONAL POST – A June 2021 Update of Santa Fe Restaurants (My lists)
Reckless for an insurer to manage itself as one or more of its technologies
I'm going to go out on a limb and state that it is reckless (myopic ?) for an insurance carrier to manage itself as if it was one of its current - or future - component technologies or technology applications. What do I mean? Far too many people write that an insurance carrier is a… Continue reading Reckless for an insurer to manage itself as one or more of its technologies
Santa Fe: Food & Drink Post
We moved to Santa Fe in May 2017 after coming here to vacation in the Summer - usually August - most of the previous 10 years before deciding to purchase our lot and home in August 2016. We didn't realize it at the time what with dealing with all the boxes spilling through the rooms… Continue reading Santa Fe: Food & Drink Post
Insurance Industry Realities That Go Unsaid
There are several realities of the insurance industry that go unsaid. But I think from time to time, these realities need to be mentioned upfront. I understand why these realities go unsaid: insurance professionals know they don't need to be discussed. And I certainly understand that. After I graduated from New Mexico State University with… Continue reading Insurance Industry Realities That Go Unsaid
My Six-Point Pledge as a technology-focused insurance industry analyst
I've been fortunate to have been a technology-focused insurance industry analyst since 1997 launching and/or guiding analyst practices in the US and the UK. I've been even more fortunate to work with solid and thoughtful technology-focused insurance analysts at The Meta Group, Financial Insights (IDC), and Ovum (now known as Omdia). I pledge to my… Continue reading My Six-Point Pledge as a technology-focused insurance industry analyst
An insurance carrier might realize it is not a digital insurer if … (with respect of and apologies to Jeff Foxworthy)
An insurance carrier might realize it is not a digital insurer if any department: uses a fax machineuses 2, 3, or 4+ ring-bindersuses filing cabinetsuses paperuses file foldersprints out company procedure manualsuses paper clipsuses paper bindersuses staplersuses stapler removersuses typewritersuses postal mail to send documents to insurance agents / brokersuses postal mail to send documents… Continue reading An insurance carrier might realize it is not a digital insurer if … (with respect of and apologies to Jeff Foxworthy)
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