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Is the IoT the Future of Workers Comp?
Internet of Things capabilities, already familiar to insurers from personal lines applications like auto telematics, are emerging in the workers compensation space through purpose-built monitoring ...
Commercial Insurance Ratings for Small Business: Challenge or Opportunity?
The growing gig economy, where nearly one-third of workers in the U.S. are now employed by small to medium businesses, is making it difficult for commercial insurance carriers to accurately assess ...
How Daubert Standard Could Impact Florida Industry, Judicial Climate
The Florida Supreme Court has reversed a prior court's decision to use a nearly 100-year-old standard on expert witness testimony and instead adopted stricter federal standards currently used by a ...
Executive View: Why Insurers Need to Partner With Customers, Tech Startups
As smart carriers continue to leverage cognitive and digital computing technologies to better understand, mitigate and absorb customers' property and casualty risks, the insurance industry is primed ...
How InsurTech Can Improve Catastrophe Response
I have been on the catastrophe front lines. I have worked 12-hour days, seven days a week, for weeks on end estimating and paying for losses to ensure people had money to start repairing their ...
Carrier Alert: InsurTechs Pose Third-Party Vendor Security Risks
The InsurTech movement has and continues to drastically change the landscape of insurance. Established carriers are partnering with emerging tech innovators on everything from robotic process ...
Are You Managing Your Relationships?
My accountant, Eric, recently told me his son passed the bar to practice law in New Jersey. During our conversation, Eric told me how he had explained to his son this important difference between his ...
Systems Integration: Leave Patchwork Solutions Behind
One of the biggest challenges property and casualty insurers face today centers on the functionality of their legacy systems, which weren't built to align or integrate with other platforms, external ...