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How Downtime Insurance Became a Thing
A single hour of downtime from mission-critical, third-party IT service providers can cost small and medium-sized enterprises tens of thousands of dollars, but traditional insurance often does not ...
How Wearable Tech Can Drive Down Workers Comp Claims
As we begin a new year, there's a new way to think about workers comp insurance—a way that goes beyond providing a transfer of risk to utilizing connected technology that helps to prevent risk. ...
Why Direct Carriers Do Better During Inflationary Periods
We've entered an inflationary environment, and a significant one at that. The Consumer Price Index (CPI), which has been slowly inching upward since May 2020, increased 0.9 percent from September to ...
Startup MGA Rising Edge Targets Low Layer D&O Business
The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent in 2021, which focuses solely on directors and officers liability ...
How Data-Rich Telematics Is Accelerating the Future of Auto Insurance
Auto insurance pricing is complex, challenging carriers to deliver competitive rates that effectively balance risk with profit potential. Fortunately, the evolution of telematics has streamlined the ...
Insurers Making Waves With Wider Use of IoT Leak, Temp Sensors
Wouldn't it be nice if, instead of relying on adjusters and restoration companies to surmise how much damage was actually caused by a water leak, an insurer could stop the leak almost before it ...
How We’re Doing It: Science Fiction Becomes Reality When Insurers Become Tech Companies
Get a quote for life insurance just by sending a selfie or for your house by answering a few online questions. Keep track of your oral health using the smart toothbrush provided by your dental ...
The Harsh Truth: Culture and Talent in Changed Times
Let's declare it: The insurance workplace has been upended, changed forever, and there is no going back. How and where we work now, and with whom, is our new reality. That is a strong statement for ...