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Embracing the Future of Catastrophe Modeling

This year, 2017, marks the 30th anniversary of the beginning of catastrophe modeling. Back in 1987, after a few quiet decades of natural catastrophes in the United States, the idea of ...

Growth Ahead as State Auto Exits Specialty Biz

A complete digital transformation is taking shape at State Auto Insurance, where efforts to turn around several years of underwriting losses have also meant exits of certain part of the business. ...

Legacy Liability: What’s Holding Insurers Back

Legacy technologies came in for a beating at the InsureTech Connect conference in October. These outdated systems are draining resources and not getting the job done. They are also an impediment to ...

Latency Catastrophe and the Occurrence Form

Over the last 30 years, natural catastrophe modeling has transformed property insurance. When Hurricane Andrew devastated Florida in August 1992, seven domestic insurance companies and one foreign ...

Data Analytics: Fueling the Future of Insurance

When you read about another new carrier carving out market share, how do they do it? Although they may not be established or a "big name," they harness technology and use data effectively from ...