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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 ...
Rebuilding Construction Insurance
At the end of an hour-long interview, the chief executive officer of an InsurTech focused on liability coverage for middle-market commercial construction contractors gave an unusual answer to a ...
Found in Space: How Skytek Tracks Supply Chain Risks—and More
Oil spills, port explosions, blockages in the Suez Canal and supply chain risks. These are just some of the events that global space company Skytek has analyzed over the past year for its insurance ...