Rethinking Property Insurance By Scott Honer In the face of high insurance premiums, here are six steps to mitigate risk and make yourself as appealing as possible to insurers:
Preventing Insurance Fraud in the Age of Big Data By Surya Narayan Saha While fraud detection has historically been a manual process relying on human analysts, technology can now automate and enhance the work.
What Clients Must Know About Extreme Weather By Virginia Blake Pierson A laser-eyed focus on consumer education and engagement is crucial, and the key to how agents can navigate the hard market.
Lessons From Florida's Hurricane 'Mean Season' By Dan Grimwood-Bird In the 20 years since four hurricanes hit the state in just six weeks, insurers have learned many lessons--and have much better technology.
Social Inflation and Reserve Development By Brian Brown Katherine Pipkorn Christopher Fredericks An analysis of the causes of adverse development in the 2016-2019 accident years and what this means for more recent accident years.
Tailoring Solutions for Affinity Groups By Pamela Moy The focus on affinity groups is gaining momentum in tandem with consumers' growing preference for highly personalized solutions.
Image The Hurricane Forecast Keeps Getting Darker The latest puts the chances at 62% that a major hurricane will make landfall in the continental U.S. this year, 1.5 times the normal likelihood.
Where Next for Insurance Ecosystems? By Rory Yates How can you be customer-centric if your business is designed to put the policy and not the customer at the center? You can't.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.