ZARZA We are Zarza, the prestigious firm behind major projects in information technology.
Listen "After Slow 2023, M&A Activity Expected to Ramp Up This Year"
Episode Synopsis
The Connected Podcast: Insurance Ecosystem News & Events Welcome to The Connected Podcast, where this week, we delve deeply into the fast-paced world of insurance. Each segment is curated for enthusiasts and professionals who want to stay abreast of the emerging trends and seismic shifts happening within the insurance ecosystem. From mergers and acquisitions to the rise of artificial intelligence, every episode is a wealth of knowledge. In our latest episode, we shine a light on Deloitte's "2024 Insurance M&A Outlook," anticipating a resurgence in mergers and acquisitions despite a two-year decline in the U.S. and Bermuda. Listen in as we dissect the influence of new European and Bermuda tax rules on M&A activities, and uncover Assicurazioni Generali's strategic moves under CEO Philippe Donnet. We also explore the research findings from ReSource Pro, discussing the pivotal shift of U.S. property & casualty insurers from tech investments towards business optimization and pricing precision. Moreover, our discussion turns to the growing personal injury law sector, and its impact on liability coverage due to an influx of lawyer advertisements and the burgeoning involvement of private equity. The episode also breaks down the National Association of Insurance Commissioners' (NAIC) initiative to enhance transparency, which could revolutionize the way we understand climate change's financial implications. Not to be outdone, we examine the challenges posed by natural disasters and climate change, highlighting innovative solutions like generative AI in risk management. We present insights on insurtech pioneers shaping the industry, as documented in Reuters Events: Connected Claims USA 2024, and discuss Conning's survey on the rise of AI adoption among insurance executives. Lastly, we discuss the transition towards digitalization within insurance claim management and fraud detection, spotlighting dynamic partnerships like that of Tensorflight and NEXT Insurance. We conclude with an overview of significant leadership shifts at Liberty Mutual and West Bend Insurance Company, setting the stage for strategic innovation in the face of technological advancement. Don't miss out on this riveting conversation that is as informative as it is inspiring. Tune in to The Connected Podcast for your weekly dose of insurance industry insights. Links:After Slow 2023, M&A Activity Expected to Ramp Up This YearGenerali CEO Says Insurer Has Financial Strength for M&A DealsTough Times Call for New Priorities for P&C Personal Lines Carriers Private Equity's Hot New Investment: Suing Insurers | Insurance Thought LeadershipTime for insurance regulators to open up on data? Four ways generative AI helps insurers manage climate change Top 50 Claims Insurtech’s to Watch | Reuters Events Insurance ReportNew Conning Study - Insights on AI and Transformative Technology71% of insurance industry decision-makers dissatisfied with level of effort to get updated insurance programs off the ground and launched digitallyThree Benefits and Three Challenges of Implementing AI in Claims Management : Risk & InsuranceTensorflight and NEXT Insurance partner to bring advanced property analytics to the small business insurance market
In God we trust