We continue with our 3-part discussion on innovation with Ty Sagalow. Here, Ty discusses the evolving process of innovation within insurance companies, and the use of outsourcing in new product development and marketing. He also shares his prediction on upcoming new products such as reputation insurance, intellectual property (IP) insurance, climate change (E&O) coverage and middle […]
Archives for February 2013
Municipal Pensions – the next Black Swan… or the next big opportunity?
ANV Founder Matt Fairfield recently told WRIN.tv that Municipal Pension Funds could be the next “black swan” facing the insurance industry. He suggests there may be “blood on the streets and civil unrest” in the wake of potential defaults. In fact, Detroit will be the largest municipal bankruptcy in U.S. history, with the city’s debt […]
Ty Sagalow: What Influences Creativity and New Product Development in Insurance
In February 2013, WRIN interviewed Ty Sagalow on the role of innovation in the insurance industry in preparation for an upcoming series he will be hosting called “Innovations in Insurance” on WRIN.tv. Many executives are looking to innovation and product development to spur new revenue. In the first of a 3-part series Ty discusses the history […]
Ty Sagalow: The Impact of Government Regulation on Innovation
Increased government intervention through regulation and legislation can have a positive as well as negative impact on creativity and innovation in the insurance industry. In this second of a 3-part series on innovation Ty Sagalow discusses public policy and how a partnership with insurance industry could actually spur new product development. He believes regulation when […]