Industry should look outside for innovation path: Branch

(Re)insurers should not obsess over pure innovation and must
look to other sectors for industry-changing ideas, according to XL
Accelerate chief executive Vincent Branch.
Taking and developing existing ideas to suit the specific needs
of the sector can be the easiest route to innovation, Branch said
in remarks to the Acord London Forum today.
The executive pointed to the example of telematics as a
technology that developed outside the sector but which is directly
relevant to the business of comm