Underwriting
Examining Trust: It’s Not All About the Lawyers
According to a recent Wall Street Journal analysis, personal auto insurance policyholders have a "near-flip-of-a-coin" chance of being paid on liability claims and medical claims. Ouch. Just about a ...
Underwriting’s Next Job: Governance Steward
A decade ago, when an underwriter entered an incorrect number or misread a file, the damage was contained to one policy. One person, one mistake, one fix. Today, a single flaw in a model's logic or a ...
Who Gets Credit for Successful Renewal During Soft Re Market?
One theme that has come up repeatedly in conversations with reinsurance brokers recently is that achieving a good renewal outcome is no longer always enough to demonstrate value. That would have ...
Why Multifamily Owners’ Safety Investments Aren’t Showing Up in Their Premiums
Multifamily owners have spent the last several years pouring capital into resilience, in the form of hardened roofs, backup power and fortified building envelopes, to name a few. The logic is sound. ...
Bring It On: AI Strategy Sways Underwriter Choices of Employers
In the not-too-distant past, property/casualty insurance underwriters worried about AI tools taking over their jobs. Now, according to a recent survey, nearly three-quarters say they're opting for ...
AI Pushes Underwriting Beyond Risk Selection to Prevention
Artificial intelligence may touch nearly every function of property and casualty insurance, but insurance executives say the technology's greatest value so far is in changing how underwriters ...
Viewpoint: Boom in Hyperscale Data Centers Puts Insurers to the Test
Hyperscale data center campuses represent the latest growth opportunity for global insurers and reinsurers. Annual investment in these specialized facilities will likely surpass $300 billion by 2027, ...
The Price of Loyalty: How Higher Premiums Are Reshaping Carrier Retention
The homeowners insurance industry has stuck pretty closely to the status quo when it comes to customer relationships for decades now. That's because many policyholders have remained with the same ...