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Digital Maturity: The Path to Sustainable Value Creation
In the wake of current events, industries and economies worldwide are scrutinized daily. How have they weathered the pandemic? Who is best positioned in the aftermath? What lessons have been learned ...
CEO Viewpoint: Why SMBs Need Standalone Cyber Cover
It is well known that small and medium businesses (SMBs) face an ever-increasing risk of cyber attacks. Sixty-three percent of SMBs, surveyed in fall 2019—prior to COVID-19 lockdowns—reported ...
Wildfire Risk Plummets With 10 Feet of Defensible Space: Study
Wildfire risk across the western United States has become a challenging issue for the insurance industry. Heightened risk and extreme events are squeezing carriers and devastating consumers. As a ...
How to Increase Flood Insurance Take-Up Using Behavioral Economics Insights
Proper application of behavioral economics can improve take-up of flood insurance and narrow the protection gap. Sounds farfetched? Let's dig deeper. Behavioral economics is the study of psychology, ...
How to Lower Legal Expenses, Improve Litigation Outcomes With Analytics
Defending lawsuits and managing trials is a major focus area and expense category for insurers—whether they are defending insureds against liability claims or defending themselves in coverage and ...
How to Achieve True Digital Transformation in Insurance
Over the last several years, businesses across all industries have been busy implementing digital strategies and fundamentally changing how they operate and deliver value to customers. Yet, digital ...
Pandemic Risk: Finding the Opportunity in Liability
Liability insurers frequently use exclusions to help address emerging risks that are viewed as unpredictable, intractable and potentially very large. It comes as no surprise, then, that the emergence ...
Women’s History Month: How Karen Clark Became a Model of Success
Like many people, Karen Clark's career was influenced by circumstances and serendipity rather than any advanced planning. When in graduate school she developed a love of building computer models, ...