CFC's Dave Walsh on creating a culture for innovation
AM Best has confirmed it is launching a new innovation score for carriers, because innovation is seen to be "just as critical to insurers’ success as the strength of their balance sheet" and, according to Dave Walsh, CEO of CFC Underwriting, it seems that innovation has become the new currency.
However, what does innovation really mean in our world?
Ultimately, the fundamental insurance concepts are simple: picking and pricing the best risks and making sure the worst exposures are hedged
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