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  • All HBS Web  (1,736)
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    • News  (377)
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  • April 2025
  • Case

Thrivent: From Insurance Agents to Financial Advisors

By: Hubert Joly, Leonard A. Schlesinger and Tom Quinn
Thrivent, a midwestern financial services company with a centuries-long history rooted in Lutheranism, had reached $10 billion in revenue mostly by selling life insurance. In the 2020s, however, CEO Terry Rasmussen began a transformation process centered around the... View Details
Keywords: Change Management; Transformation; Talent and Talent Management; Customer Focus and Relationships; Customer Value and Value Chain; Forecasting and Prediction; Employee Relationship Management; Retention; Selection and Staffing; Job Design and Levels; Human Capital; Leading Change; Mission and Purpose; Organizational Change and Adaptation; Organizational Culture; Insurance Industry; Insurance Industry; United States; Minneapolis
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Joly, Hubert, Leonard A. Schlesinger, and Tom Quinn. "Thrivent: From Insurance Agents to Financial Advisors." Harvard Business School Case 325-047, April 2025.
  • May 21, 2020
  • Editorial

Primary Care Is Hurting: Why Aren't Private Insurers Pitching In?

By: Leemore S. Dafny and J. Michael McWilliams
Primary care clinicians are the front line for patients with suspected infection. We rely on them to diagnose, triage, and manage patients with potential or confirmed COVID infections. They are also responsible for keeping non-COVID medical conditions under control... View Details
Keywords: COVID-19; Primary Care; Health Pandemics; Health Care and Treatment; Financial Condition; Insurance
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Dafny, Leemore S., and J. Michael McWilliams. "Primary Care Is Hurting: Why Aren't Private Insurers Pitching In?" Health Affairs Blog (May 21, 2020).
  • December 1994 (Revised October 1996)
  • Case

Patriot National Insurance Company: Case and Simulation

Designed to be used in conjunction with Byrnes, Byrnes & Townsend. Discusses a suit brought by a woman client who was badly injured in an automobile accident and alleges that a proximate cause of the accident was faulty repairs on her car by a Patriot-insured auto... View Details
Keywords: Negotiation; Insurance; Insurance Industry
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Hammond, John S., and Marjorie Corman Aaron. "Patriot National Insurance Company: Case and Simulation." Harvard Business School Case 395-134, December 1994. (Revised October 1996.)
  • April 2023
  • Teaching Note

LOOP: Driving Change in Auto Insurance Pricing

By: Elie Ofek
Teaching Note for HBS Case No. 522-073. View Details
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Ofek, Elie. "LOOP: Driving Change in Auto Insurance Pricing." Harvard Business School Teaching Note 523-105, April 2023.
  • 2021
  • Chapter

Business Continuity Insurance in the Next Disaster

By: Samuel Gregory Hanson, Adi Sunderam and Eric Zwick
This article draws lessons from the business support policies pursued in the COVID-19 pandemic to guide policy design for the next disaster. We contrast the performance of the Paycheck Protection Program to the Main Street Lending Program to illustrate how design... View Details
Keywords: COVID-19 Pandemic; Policy; Economic Slowdown and Stagnation; Financing and Loans; United States
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Hanson, Samuel Gregory, Adi Sunderam, and Eric Zwick. "Business Continuity Insurance in the Next Disaster." In Rebuilding the Post-Pandemic Economy, edited by Melissa S. Kearney and Amy Ganz, 52–77. Washington, DC: Aspen Institute, 2021.
  • November 1989
  • Background Note

Note on the U.S. Life Insurance Industry

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Meerschwam, David M. "Note on the U.S. Life Insurance Industry." Harvard Business School Background Note 290-012, November 1989.
  • February 2005 (Revised July 2005)
  • Case

Allianz (A2): An Insurer Acquired a Bank

By: Joseph L. Bower, Marc L. Bertoneche, Anders Sjoman and Sonja Ellingson Hout
Supplements the (A) case. A rewritten version of an earlier case. View Details
Keywords: Banking Industry; Germany
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Bower, Joseph L., Marc L. Bertoneche, Anders Sjoman, and Sonja Ellingson Hout. "Allianz (A2): An Insurer Acquired a Bank." Harvard Business School Case 305-088, February 2005. (Revised July 2005.)
  • Research Summary

Book Chapter on Insurance Market in Brazil (with Marcelo de Paiva Abreu):

Little is known about the Brazilian insurance market, especially in the period before 1913. I am currently working on a book chapter for SwissRe (co-authored with prof. Marcelo de Paiva Abreu) that will hopefully fill in this gap in the literature. View Details
  • June 1987
  • Teaching Note

Pinnacle Mutual Life Insurance Co., Teaching Note

By: William J. Bruns Jr.
Keywords: Insurance
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Bruns, William J., Jr. "Pinnacle Mutual Life Insurance Co., Teaching Note." Harvard Business School Teaching Note 187-195, June 1987.
  • 1999
  • Other Unpublished Work

Value and Reporting in the Insurance Industry

By: Robert G. Eccles Jr. and Michael P. Nelligan
Keywords: Financial Reporting; Insurance Industry
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Eccles, Robert G., Jr., and Michael P. Nelligan. "Value and Reporting in the Insurance Industry." PricewaterhouseCoopers, January 1999.
  • 1987
  • Chapter

Pension Plan Integration as Insurance against Social Security Risk

By: Robert C. Merton, Zvi Bodie and Alan J. Marcus
Keywords: Compensation and Benefits; Integration
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Merton, Robert C., Zvi Bodie, and Alan J. Marcus. "Pension Plan Integration as Insurance against Social Security Risk." In Issues in Pension Economics, edited by Zvi Bodie, John B. Shoven, and David A. Wise. Chicago: University of Chicago Press, 1987.
  • April 2014
  • Teaching Note

Taikang Insurance: Standing Out In China's Crowded Insurance Market

By: William C. Kirby and Erica M. Zendell
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Kirby, William C., and Erica M. Zendell. "Taikang Insurance: Standing Out In China's Crowded Insurance Market." Harvard Business School Teaching Note 314-133, April 2014.
  • July 2022 (Revised February 2025)
  • Case

A Soul and a Service: North Carolina Mutual Life Insurance

By: Tom Nicholas and John Masko
The North Carolina Mutual and Provident Association (the Mutual) was founded in 1898 as a for-profit entity selling life insurance catering to the Black community. The Mutual was entering a field crowded with established White-owned competitors that largely refused to... View Details
Keywords: Black Entrepreneurs; Insurance; History; Race; Prejudice and Bias; Entrepreneurship; Decision Choices and Conditions; Growth and Development Strategy; Insurance Industry; United States
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Nicholas, Tom, and John Masko. "A Soul and a Service: North Carolina Mutual Life Insurance." Harvard Business School Case 823-032, July 2022. (Revised February 2025.)
  • February 2025
  • Teaching Note

Slice Labs: Creating a Fraud-Free Online Insurance Platform

By: Amit Goldenberg, Max Bazerman and Ruth Page
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Goldenberg, Amit, Max Bazerman, and Ruth Page. "Slice Labs: Creating a Fraud-Free Online Insurance Platform." Harvard Business School Teaching Note 925-024, February 2025.
  • August 2004 (Revised April 2007)
  • Case

Allianz (A1): An Insurer Acquiring a Bank?

By: Joseph L. Bower, Marc L. Bertoneche, Anders Sjoman and Sonja Ellingson Hout
The deal of the year in 2002, was the acquisition of Dresdner Bank by Allianz. Written from the perspectives of Allianz's CEO, Henning Schulte-Noelle, before and after the deal and a regional manager implementing the concept of a full-line financial service provider.... View Details
Keywords: Management; Corporate Strategy; Problems and Challenges; Acquisition; Financial Institutions; Corporate Finance; Banking Industry; Germany
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Bower, Joseph L., Marc L. Bertoneche, Anders Sjoman, and Sonja Ellingson Hout. "Allianz (A1): An Insurer Acquiring a Bank?" Harvard Business School Case 305-013, August 2004. (Revised April 2007.)
  • October 1987
  • Case

London Life Insurance Co. of Canada (A)

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Dooley, Arch-Richard. "London Life Insurance Co. of Canada (A)." Harvard Business School Case 688-025, October 1987.
  • September 1982
  • Article

Risk Aversion and the Negotiation of Insurance Contracts

By: R. Kihlstrom and A. E. Roth
Keywords: Risk and Uncertainty; Negotiation; Insurance
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Kihlstrom, R., and A. E. Roth. "Risk Aversion and the Negotiation of Insurance Contracts." Journal of Risk and Insurance 49 (September 1982): 372–387.
  • April 2011
  • Supplement

Reinsurance Negotiation: Confidential Information for JLT Insurance Company (CW)

By: Robert C. Pozen and Henoch Senbetta
Excel model to complement a three-party negotiation exercise. View Details
Keywords: Negotiation; Insurance; Insurance Industry
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Pozen, Robert C., and Henoch Senbetta. "Reinsurance Negotiation: Confidential Information for JLT Insurance Company (CW)." Harvard Business School Spreadsheet Supplement 311-707, April 2011.
  • April 2022
  • Article

AI Insurance: How Liability Insurance Can Drive the Responsible Adoption of Artificial Intelligence in Health Care

By: Ariel Dora Stern, Avi Goldfarb, Timo Minssen and W. Nicholson Price II
Despite enthusiasm about the potential to apply artificial intelligence (AI) to medicine and health care delivery, adoption remains tepid, even for the most compelling technologies. In this article, the authors focus on one set of challenges to AI adoption: those... View Details
Keywords: Artificial Intelligence; Medicine; Health Care and Treatment; Legal Liability; Insurance; Technology Adoption; AI and Machine Learning
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Stern, Ariel Dora, Avi Goldfarb, Timo Minssen, and W. Nicholson Price II. "AI Insurance: How Liability Insurance Can Drive the Responsible Adoption of Artificial Intelligence in Health Care." NEJM Catalyst Innovations in Care Delivery 3, no. 4 (April 2022).
  • 1998
  • Chapter

Risk-Taking Incentives and the Cost of Insurance Company Failures

By: Brian J. Hall
Keywords: Insurance; Insolvency and Bankruptcy; Risk and Uncertainty; Risk Management; Motivation and Incentives; Insurance Industry
Citation
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Hall, Brian J. "Risk-Taking Incentives and the Cost of Insurance Company Failures." In Alternative Approaches to Insurance Regulation, edited by Robert W. Klein. Kansas City, MO: National Association of Insurance Commissioners, 1998.
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