Features
A View Into the Future of Car Insurance: When Driver Scores Replace Credit Scores
Offering a view into the future of auto insurance, the leader of a mobility data and analytics firm said during a recent interview that he foresees a time when drivers will know their driving scores ...Underwriting home insurance in the age of climate change: The efforts and urgency to maintain market stability
Homeowners insurance is notably cyclical, and carriers depend on the profitability of calmer years to offset anticipated losses during exceptionally bad storm seasons. However, as catastrophic ...
Executive Viewpoint: Reason Over Rhetoric
Some environmental activists have turned to demanding insurers immediately stop underwriting and investing in fossil fuel projects, believing this will help solve climate change. This is once again ...
Challenges in Insurance Claim Fraud Management
A new Verisk survey highlights the pressing concerns and emerging trends shaping the future of property/casualty insurance claim fraud detection and prevention. The comprehensive survey of 44 ...
Cyber Resilience Lessons from the CrowdStrike Outage
Imagine arriving at London's Heathrow Airport only to find your flight merged with two others and chaos reigning supreme with baggage scattered everywhere. This was the real-life impact of the recent ...The New Intelligence: Embedded Insurance Data and Analytics
Knowledge is no longer just power — it's business gold. Advanced analytics in insurance, when coupled with the right data, can identify new customers, drive operational improvements, or create ...What Happened to Innovative Insurance Product Development?
Buying is changing. If we examine what is happening in retail, we can get a glimpse of what customers will be wanting in insurance. Coming to big box stores or a grocery store near you — pick up ...
Viewpoint: Generative AI in Insurance Isn’t Working
The insurance industry is at a pivotal moment in embracing generative AI. According to the ISG Pulse Check State of the European Insurance Industry 2024, insurance firms are actively engaged in ...