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Is ILS Missing the Mark on Cyber?
If fortune favors the brave, trepidation in the insurance-linked securities market may be dampening investor profits. Recent outlier losses in the property-catastrophe market have left ILS investors ...
How Insurers Can Win Over Small Businesses
The opportunity insurers have with the small commercial market is tremendous. According to IBISWorld in 2022, the market size for small commercials was $240.2 billion (based on revenue), having grown ...
Florida’s Homeowners Crisis Requires Insurance Stability, Legislative Reform and Smart Technology
Even before Hurricane Ian, Florida's home insurance market was hobbled by fraudulent claims, pricey lawsuits and financial mismanagement by some insurance firms. Floridians pay the highest annual ...
Small Biz Commercial Underwriting Needs Real-Time Data, Transparency: NeuralMetrics CEO
Name, address, and email or website. Those are the bits of information that InsurTech data provider NeuralMetrics needs to deliver a classification code and risk insights about small businesses to ...
Going the Distance: How P/C Insurers Can Put Strategic Plans Into Action
I think everyone will agree that planning what direction a company will take for the next few years takes a bit of effort. After all the workshops, one-on-one meetings, risk and data analysis, and ...
Avoiding the Black Box: How to Apply Machine Learning to Actuarial Pricing
Applying machine learning to pricing and actuarial workflows is becoming easier due to advances in technology and increasingly accessible platforms. These complex algorithms will not replace business ...
More Than Technology: Reskilling ‘Decision Artists’ Core to Nationwide’s Underwriting Transformation
Underwriter, production underwriter, manager, underwriting director, and commercial underwriter officer are just a few of the titles that Nationwide's Tony Fenton has held over the course of a ...
Planck: Mining Data Gold for Small Commercial Insurers
Elad Tsur, the co-founder and chief executive officer of Planck, takes his inspiration to answer a question about the future of commercial insurance underwriting from the movie "Minority Report." ...