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Big Brother evolves into a risk manager with the help of advanced technology

In this final podcast and blog post, we complete the conversation started with Forrester Research analyst, Ellen Carney, and hear her views on how embedded chip technology will mitigate risk for...

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May 15 – 20 National Dog Bite Prevention Week: CA Tops National Liability List

Insurance Networking News reported that State Farm named California the state with the highest incidence of dog bite claims (369).  Who would have thought we would need a “National Dog Bite Prevention”...

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Ringfencing our way back

This week in the UK, the powers that be have unveiled their new plan to “ringfence” the banks that should be properly protected, ie retail banks, from their evil cousins the crazy capital markets guy...

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Is innovation REALLY possible in a heavily regulated industry?

Many would say that diversity, market leadership, and unique offerings drive innovation– data points not entirely inherent in a regulated industry. After two decades in Financial Services (primarily...

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2012 Predictions? Forget Nostradamus and the Mayan Calendar– we’ve got IDC’s...

Any fan of the History Channel knows that, when it comes to forecasts and predictions, 2012 expects to be an extraordinary year.  Whether the Mayan calendar really predicts the “end of the world” on...

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The Oracle is hanging in there, but he’s not always right.

http://www.berkshirehathaway.com/letters/2011ltr.pdf.  I must admit; I really enjoy reading Buffet’s annual letter to shareholders.  This year, the press focused on the fact that he’s chosen a...

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Systemically Important, but not really…

While bankers are doing their best to deal with significant capital adequacy requirement, insurers are largely dodging these extra charges.  The biggest banks – called Systemically Important Financial...

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