New Era in Modeling Catastrophic Risk By Rich Sorkin Traditional catastrophic climate risk models are built on an assumption that is known to be wrong and aren't designed for individual assets.
New Approach to Natural Disasters By Robin Roberson The on-demand model can relieve pressure by revolutionizing how the insurance industry responds to natural disasters.
5 Pitfalls on Business Interruption Claims By Mark Walls Losses can be less obvious, more complicated and larger than the property claim. Unfortunately, the front-end focus is often wrong.
Low-Risk Doesn’t Mean No-Risk By Patty Templeton-Jones Myths often undercut the true dangers of flooding and leave home and business owners across the country woefully underprepared.
4 Lessons From Harvey and Irma By Rishi Daga Last year's storms, fires and mudslides may have accelerated the insurance industry’s response to catastrophic events.
Natural Disasters and Risk Management By Kimberly George Mark Walls One of the first employer concerns has to be preventing and responding to employee injuries when a disaster occurs.
Real Reason for the Protection Gap By Vijay Padmanabhan Flood and earthquake insurance work well at the macro level, but try to buy a policy, and you see the problems quickly.
Why Warren Buffett Is Surely Wrong By Vijay Padmanabhan He said “the annual probability of a U.S. mega-catastrophe causing $400 billion or more of insured losses is about 2%.” That is way too high.
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.