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Can You “Think Outside the Box” if Underwriting Dies

Written by: Susan Preston

Recently I read a book about people who achieved financial success. There were two common themes running through their personal stories: the first is the ability to accept risk, and the other is thinking outside the box. In the insurance industry, one might argue they should be the same thing.

Reading the insurance press every week, it is hard to tell who is comfortable with risk. It often appears that company and industry leaders focus on the same trends. There are many articles on cyber insurance, for example, which is a bandwagon a lot of companies and brokers are jumping on. There is also considerable focus on the Insurtech model. There is nothing wrong with these categories; it is just more interesting to see companies with unique offerings. 

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