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In this episode of the InsuranceAUM.com Podcast, host Stewart Foley welcomes back Bill Pieroni, CEO of ACORD, for an engaging Executive Spotlight. Known for his high energy and deep insights into the insurance industry, Bill delves into a range of critical topics including ACORD’s global role in setting industry standards, the unique and extensive research studies conducted by ACORD, and the evolving landscape of insurance technology and M&A.
Bill shares insights from ACORD’s groundbreaking studies, such as the Global Insurance Stock Index and the characteristics of consistent value creators in the P&C sector. He also discusses the dynamics of mergers and acquisitions in the insurance industry, emphasizing the importance of strategic alignment and the pitfalls that can lead to value destruction.
The conversation covers the current state and future of InsurTech, highlighting the challenges and opportunities for insurance companies in keeping up with technological advancements. Bill’s perspectives are both thought-provoking and practical, offering valuable takeaways for insurance professionals and investors alike.