Features
Change Isn’t New for Lloyd’s
Well before the "Future at Lloyd's" project, the market began pursuing modernization, Chairman Bruce Carnegie-Brown noted. For example, the market has been pushing to digitize the way risks are ...
Liability Long Tail Could Get Longer
One of the most challenging things about liability insurance is that claims on this year's policy might be made well into the future. If exposure to a chemical, product or business activity this year ...Risks and Non-Risks
It's a daunting task to comb through scientific and medical literature to identify emerging potential risks that could ultimately drive up liability insurance claims while separating out the risk ...
Parametric Insurance Takes Off
Now that property and casualty insurance coverage terms for business disruption losses are gradually tightening, a singular insurance product used primarily to protect businesses against ...
Happy National Insurance Awareness Day
Has it really been a year since we last celebrated National Insurance Awareness Day? To properly celebrate the holiday, I have included a few words of appreciation about my favorite industry. Thanks ...
Smart Commercial Insurance: New Data Sources Fuel New Underwriting Era
The underwriting behind most commercial insurance is a marvel of steadfast, gradual iteration. It stretches back to the 14th century, after all. In my experience running a commercial insurance ...
Kentucky Makes a Major InsurTech Overture, Drawing National Interest
On March 26, 2019, Kentucky Governor Matt Bevin signed new legislation that establishes the nation's first comprehensive insurance regulatory "Sandbox," making the Commonwealth of Kentucky a true ...
Top 15 Metro Areas at Risk this Hurricane Season
Hurricanes are often some of the most destructive and costly natural hazards. Their impact on homes, businesses and infrastructure comes in the form of strong winds and flooding. There are three main ...