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Carpe Futurum: How to Reorient Your Company’s View of Risk
Never before, or at least never in the modern era, has the world witnessed such an extraordinary level of risk and uncertainty. Although a cursory look at the news confirms this, in-depth surveys ...
Eyes in the Sky and Beyond: Why Geospatial Information Matters to Insurers
When Mike Fitzgerald, an insurance technology expert, talks about geospatial technology and its applications in property/casualty insurance, he finds it challenging to restrain his enthusiasm about ...
What Do You Do With Emerging Interest Risks?
Every emerging risk strategy must begin with a horizon scan. At Praedicat, our strategy is to scan the scientific literature for indications that scientists are investigating a new hypothesis that ...
Underwriting Management: The Core System You’ve Been Missing
When we say "core systems" in our industry, we are typically referring to the critical software applications that are core to an insurer's business operations, mainly the policy, claims and billing ...
Seeing Through Clouds: Why Now Is the Time for Geospatial Technology in Insurance
The prospect of property/casualty insurers and reinsurers adding information from geospatial imagery to their toolkits for underwriting, product development and claims handling isn't an entirely new ...
Beyond Claims: How Carriers Use Geospatial Analytics to Underwrite Property
If there is a bright side to the tumultuous ride that was 2020, it's the surprisingly agile turn property insurers took to move away from traditional reactive approaches toward more proactive ...
A Top-Down View of Insurance Risk: Understanding the Geospatial Insurance Consortium
One of the best-kept secrets about the property/casualty insurance industry is a member-centric organization that manages the largest aerial imagery program in the world. That's right. The world's ...
Building Insurance for the Companies Building the Future
Back in 2015, after working more than 15 years on the underwriting side of the property/casualty insurance business, Chad Nitschke started to become frustrated with the lack of change in the ...