Features
Risk Reality vs. Commercial Insurance: Coverage Holes Exposed
Two recent reports—one reviewing property and business interruption risks and the other, liability—highlight a growing divide between escalating risk and shrinking insurance coverage. They also ...
Are Your Risk Prediction Models at Risk of Falling Asleep at the Wheel?
Risk models aren't just actuarial artifacts anymore; they're strategic assets. Or at least, they should be, and the use of AI is accelerating the opportunities. According to PwC's 2024 Global Risk ...
Negotiation Is the Job: Reframing Defense Work in an AI-Enhanced Era
If you're in the business of resolving litigated or non-litigated claims, you're in the business of negotiation. The math is simple: Most litigated matters are resolved without going to trial. That ...
Sharpening the Industry’s Most Overlooked Skill
What is causing increasing claims severity trends, and how should insurance carriers attack the problem? The questions have been asked many times over the past few years. Almost without exception, ...How insurance carriers grow with book rolls
For many insurance carriers, growth traditionally has been achieved by accruing new accounts slowly, one policy at a time. An independent agent brings in a prospective customer, coverage is quoted, ...How E&S Carriers Are Solving Their Biggest Forms Management Headaches
The excess and surplus (E&S) insurance market is experiencing remarkable growth. According to Insurance Insider, domestic surplus lines wrote more than $97.5 billion in direct premiums during ...
Insurance Leaders Can Leverage AI to Become Industry Influencers
A group of insurance executives met recently for a company meeting. Following their discussions of sales and product development plans, they attended training to become thought leaders. To start the ...
The Underwriter Redefined
For decades, underwriting was defined by manual processing and a great deal of paperwork. Broker submissions typically arrived by email, requiring underwriters or their assistants to manually re-key ...