This year’s Property Innovation Summit was keynoted by best-selling business book author and leadership consultant Jack Zenger, whose agency has conducted 360-degree feedback reviews with 80,000 Fortune 500 executives. “What do the best leaders share in common?” A willingness to challenge the status quo, powerful and clear communications, a focus on speed, developing a strategy collectively, reciprocal trust, accessibility, and having an intimately friendly relationship with co-workers. “Trust leads to greater innovation,” said Zenger. Continue reading
“Innovations in Insurance” is a Q&A Enservio blog that interviews thought leaders working to improve the quality of work while managing change within their organizations.
At the Property Innovation Summit, Enservio Labs was announced as an independent kind of ‘think tank’ or incubator, allowed to imagine possibilities for developing new products. Anything you can share on that front?
Enservio Labs is in its third year of operations. An early product to come out of Enservio Labs was ContentsITV, the industry’s first analytics product that predicts the value of contents in a household. Soon we’ll be taking the wraps off a fraud detection product unlike anything else on the market today. We’re also working with key partners on a couple of exciting new initiatives in the areas of mobile and underwriting analytics.
Conferences provide a live forum to present ideas from thought leaders and generate dialogue. But the true measure of a good conference is when the audience feels it has a voice. Short of pulling the entire audience up on stage at this year’s Property Innovation Summit, we decided to take a survey to collect current thoughts on innovation.
Enservio’s Innovation Summit Day 2 kicked off an hour earlier — always tough after a night of networking – with VJ Dowling, Managing Partner of Dowling & Partners Securities. Dowling has made a career of following the insurance industry and has the ear of just about every insurance CEO. Dowling made a number of sweeping statements, including noting that reinsurers have too much capacity and citing the increasing power of intermediaries. As cars become more and more safe, Dowling also predicts a shift from auto to property (38% to 10% and 15-25% respectively).