Digital Disruption in Insurance

Posted on Feb 29, 2016

New York, February 29, 2016 – The rapid emergence of disruptive technologies and new business models, both traditional and non-traditional, are rapidly changing the insurance landscape. As a result incumbents are facing new business challenges, meeting new customer needs while also considering the core insurance business. Tom Kavanaugh oversees the Digital and Customer Impact Practices […]

Small Business Insurance in Transition: Shaking Up Distribution – Agents vs. Direct Sales

Posted on Feb 22, 2016

New York, February 22, 2016 – With many small-businesses open to buying policies over the web, more insurers are rethinking their distribution strategies. Research by the Deloitte Center for Financial Services found that while agents aren’t likely to be eliminated, there is opportunity for online growth, including direct-connect options that could complement the agency system. […]

ASU 2015-02 Amendments to Consolidation Standard

Posted on Feb 9, 2016

New York, February 9, 2016 – Jeffrey Keene, of BDO, will address the Accounting Standards Update (ASU 2015-02 Amendments) to the Consolidation Analysis.  The amendments address consolidation matters including limited partnerships and similar legal entities, certain investment funds, as well as the effect of fee arrangements on determining the primary beneficiary. This ASU is effective for […]

Insurance Workforce Changes

Posted on Feb 8, 2016

New York, February 8, 2016 – Technology is disrupting all areas of business.  According to Ernst & Young, digital transformation is changing business models, changing the marketplace as well as changing the competitive landscape for companies.  This challenge is coupled with the growing number of Millennials and Generation Z employees, who will encompass over half […]