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CategoryOpinions

The law of addition

Two women speaking and seeing something in a tablet

The law of addition in leadership, however, says that for every addition you make, the results are multiplied. Leadership “law” also says that subtraction leads to division. That’s the new leadership math.

Finding the balance: Personalization of risk and risk pooling

Blake Hill, FCIA, member of the CIA Single Topic Task Force on Risk Classification

The latest buzz phrase in the insurance industry is “embedded insurance,” which presents an opportunity to seamlessly offer protection in real time given a proactive approach to risk management. Underpinning embedded insurance is the ability to personalize insurance. This requires that customers understand the necessity of sharing more data with their insurance providers.

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Canadian Institute of Actuaries
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