We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Blog + Articles

Categories

  • Industry Articles (13,492)
  • Industry Conferences (2)
  • Industry Job Openings (3)
  • Negative Media (128)
  • Positive Media (73)
  • Sheryl's Articles (517)
  • Sheryl's Blogs (149)
  • Wink's Articles (203)
  • Wink's Blogs (173)
  • Wink's Press Releases (80)
  • Blog Archives

  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • May 2008
  • February 2008
  • AM BestTV at InsureTech Connect: Insurtech Women Founders Say Profitability Builds Trust

    October 8, 2019 by AM BestTV

    OLDWICK, N.J.–(BUSINESS WIRE)–In this AMBestTV episode from the 2019 InsureTech Connect conference in Las Vegas, NV, Jennifer Byrne, co-founder and president, Quesnay; Carey Anne Nadeau, founder and chief executive officer, ODN; and Kate Terry, co-founder and chief operating officer, Surround Insurance, said the ranks of women in insurtech may be small, but creativity, resourcefulness and industry knowledge build impact. Click on http://www.ambest.com/v.asp?v=diversityinsurtechpanel919 to view the entire program.

    According to published reports, just 2.2% of venture capital funding went to female-founded businesses in 2018; however, Byrne said she is seeing the tide starting to turn.

    “Over the years, I have seen that there is a tendency for venture capital firms to invest in things and people that they relate to and know,” said Bryne. “However, recently, I have observed that this is starting to change, not only because women are starting companies at a faster pace, but the venture capital firms have realized that they do need to hire and promote women within their organizations, as well as create a more diverse platform and invest in more diverse founders.”

    Terry highlighted why more female founders are needed.

    “Economic and social systems that suppress the ideas and the drive of more than half the population, as well as do not allow ideas to rise to the top are not a meritocracy,” she said. “Systems like that are not getting the best ideas out there and are not delivering the best economic and/or social results. It is not just about doing what is right; it is also about doing what is economically right.”

    Nadeau believes one of the ways to tackle the subject of lack of diversity in the insurance industry is by encouraging employees to network, be creative, set up mentoring opportunities and eschew perceived rules. “Take the opportunity to step out and say, ‘The rules do not apply to me, and I am going to make them up as I go, which means I am going to ask for that introduction and create a community around instead of waiting for someone to ask me into their circle,’” she said.

    For full video coverage of the InsureTech Connect conference, including exclusive executive interviews, visit http://www.ambest.tv/itc19.

    Previous InsureTech conference coverage includes:

    • From the InsureTech Conference: Insurance Fundamentals Take Center Stage: At the 2019 InsureTech Connect conference, attendees said technology and new competitors are remaking insurance operations, but core principles remain crucial to insurance success: http://www.ambest.com/v.asp?v=itc1919.

    Other continuing AMBestTV conference coverage includes:

    • From the WSIA Annual Marketplace: E&S Crystal Ball Shows Higher Rates, More Risk Sharing, Social Inflation Ahead: Attendees said that while they remain positive about what the future holds for the excess and surplus lines industry, insurers still need several years of price firming to make up for years of cutting: http://www.ambest.com/v.asp?v=wsia2919.
    • From the WSIA Annual Marketplace: Thriving Wholesale and Specialty Sectors Draw Insurers to Annual Event: Attendees to the WSIA Annual Marketplace said the surplus lines sector supports its growth by focusing on new risks and coverages: http://www.ambest.com/v.asp?v=wsia1919. Related WSIA conference at http://www.ambest.tv/wsia19.
    • From the NAMIC ConferenceMutuals Look to Link Small-Town Values With Big-Time Technology: Attendees at the National Association of Mutual Insurance Companies’ (NAMIC) annual convention said insurtechs are bringing new service and product opportunities, helping insurers meet the expectations of today’s prospects and policyholders: http://www.ambest.com/v.asp?v=namic2919.
    • From the NAMIC Conference: Buoyed by Improved Results, Mutual Insurers Prepare for the Next Round of Competition: Attendees at NAMIC said the challenge for mutuals is to leverage new technology, develop new products and services and focus on their agents and insureds: http://www.ambest.com/v.asp?v=namic1919. Related NAMIC coverage at http://www.ambest.tv/namic19.

    AM BestTV covers exclusive AM Best and insurance industry information and reports, targeted topics and key developments in the insurance, reinsurance and related sectors dailySign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View AM BestTV episodes at http://www.ambest.tv.

    AM Best is a global credit rating agency and information provider with an exclusive focus on the insurance industry. Visit www.ambest.com for more information.

    Copyright © 2019 by A.M. Best Company, Inc. and/or its affiliatesALL RIGHTS RESERVED.

    Contacts

    Lee McDonald
    Group Vice President, Publication and News Services
    +1 908 439 2200, ext. 5561
    lee.mcdonald@ambest.com

    Originally Posted at Business Wire on September 27, 2019 by AM BestTV.

    Categories: Industry Articles
    currency