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The Changing State of Flood Insurance in the U.S.
Catastrophic floods have been damaging homes for as long as people have had permanent dwellings. They can cause devastating losses to homeowners and businesses alike almost anywhere in the U.S., both ...
How to Win Big With Predictive Claims Analytics: Six Steps for Insurance Executives
The implementation of predictive analytics is simple and valuable, and it is key to the transformation of claims and legal expenses into valuable assets for insurance companies. Once you implement ...
Building an Effective IT Strategy
When it comes to IT strategies, they should persist over time. The amount of time is a bit different for every organization, but as a rule of thumb, if the IT strategy changes every year or two, ...
Back to the Future: How Claims Execs Can Use Analytics to Become Experts on Their Pasts
Claims and legal executives have never felt more pressure to focus on the future. You're constantly being told to innovate. You keep hearing it: If you don't use technology to predict the future, ...
Claims Innovation: How Your Company Can Use Legal Document Automation to Win Big
If this article were a legal document, it might sound like this: HERETOFORE, legal documents proximately cause a grossly adverse impact on insurance companies, which impact may include but not be ...
What Linus Teaches About Innovation
I have been bonked all afternoon. It's that time of year. Brooklyn's stoops, plumped by great pumpkins, are bright with autumn leaves. Sweeping up means braving the barrage of falling kernels, ...
How Virtual Agents Powered by Artificial Intelligence Can Transform Insurance
As with most industries within the financial services sector, insurance is facing the dual pressures of needing to keep costs down in a competitive environment while maintaining satisfaction ...
ACORD’s Hartnett Discusses the Future of Industry Standards, Disruption and the Internet of Things
In a recent, wide-ranging conversation with Wells Media Group's Andy Simpson, Bill Hartnett, ACORD's first innovation chief, talked about innovation culture and the power of failure, lessons he ...