The insurance giant said it would need to make a “significant additional investment” to gain scale and be competitive. It has hired an investment banker to help it unload deposits and loans.
Carriers are able to leverage delayed flight information to provide customers with various other options of travel, similar to the hospitality online marketplace.
While carriers may not be able to replicate the exact science, they should understand that organizational and cultural shifts can both attract the right talent and encourage the emergence of internal ideas.
Those investing in artificial intelligence should consider exactly what the company will most benefit from, and which technology will help it reach those goals.
More than 75% of fintech executives surveyed in a new report acknowledge their primary business objective is to collaborate with banks and insurance companies.
Brian Duperreault has previously said he would consider transactions in areas such as life insurance, personal lines and small-to middle-market U.S. firms.
