Insight and Intelligence on the London & International Insurance Markets

19 April 2018

Search archive

Embracing technology will bring failures: McGavick

Matthew Neill 9 February 2017

The (re)insurance industry has finally grasped the importance of technology but should expect some failures as the price of change, according to XL Group CEO Mike McGavick.

Speaking at The Insurance Insider's InsiderScope event in London today, McGavick said while there was no guarantee that "the daft and the dumb will survive", those that keep pace with new competitors in the industry would reap the rewards.

"There will be failures. But those that stay with it, because of the regulatory...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.