How Insurers Can Win Over Small Businesses
The opportunity insurers have with the small commercial market is tremendous. According to IBISWorld in 2022, the market size for small commercials was $240.2 billion ...
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Florida’s Homeowners Crisis Requires Insurance Stability, Legislative Reform and Smart Technology
Even before Hurricane Ian, Florida's home insurance market was hobbled by fraudulent claims, pricey lawsuits and financial mismanagement by some insurance firms.
Could Recent NotPetya Case Outcomes Pressure Insurers to Reword War Exclusions?
With recent news of multinational food and beverage company Mondelez International settling its lawsuit against its insurer Zurich American Insurance Company over the ...
Small Biz Commercial Underwriting Needs Real-Time Data, Transparency: NeuralMetrics CEO
Name, address, and email or website.
Those are the bits of information that InsurTech data provider NeuralMetrics needs to deliver a ...
Going the Distance: How P/C Insurers Can Put Strategic Plans Into Action
I think everyone will agree that planning what direction a company will take for the next few years takes a bit of effort.
After all the ...
Avoiding the Black Box: How to Apply Machine Learning to Actuarial Pricing
Applying machine learning to pricing and actuarial workflows is becoming easier due to advances in technology and increasingly accessible platforms. These complex ...
More Than Technology: Reskilling ‘Decision Artists’ Core to Nationwide’s Underwriting Transformation
Underwriter, production underwriter, manager, underwriting director, and commercial underwriter officer are just a few of the titles that Nationwide's Tony Fenton has ...
Planck: Mining Data Gold for Small Commercial Insurers
Elad Tsur, the co-founder and chief executive officer of Planck, takes his inspiration to answer a question about the future of commercial insurance underwriting from the ...
Here to Stay: Why ‘Weather Whiplash’ Is a Growing Concern for Insurers
If you think the weather these days feels like a seesaw, you're not alone. Consider the following: In Colorado last year, a prolonged spell of unusually warm, dry conditions and one of the deadliest ...