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How On-Demand Tech Will Help Insurers Show Their Value Post Crisis
Since I started this series, the world's perception of insurance and its value has changed. There are countless stories bashing the inability of insurance to protect during a pandemic. Hopefully, the ...
Turning Intelligent Sensors and Signals Into Insurance Customer Value
Amazon's futuristic Go stores caught the world by storm with a new vision for advanced shopping customer experiences. In fact, 7-Eleven felt the heat and recently announced their plans to build ...
Nuclear Verdicts: What P/C Carriers Need to Know
To mitigate the explosion of nuclear jury verdicts—which topped billions of dollars last year—insurance companies need to take a stand to meaningfully impact the U.S. tort system. The most ...
Demand Soars for Parametric Insurance to Cover Pandemic Business Interruptions
Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay healthy. He's also plugging away trying to keep businesses healthy, as well. ...
Managing Remote Workers
Don't look now, but the trend toward working remotely has just found solid footing in the form of a global pandemic. Companies around the world have been forced to conduct business in new ways since ...
Leading Through Crisis
As of this week, many companies are finding they have begun to quickly execute the business continuity plans they have developed and documented in order to address the ongoing COVID-19 crisis. ...
Flood Insurance Is an Opportunity, Not a Liability
Insurers are gun-shy about writing flood policies, and who can blame them? With faulty prediction models, seemingly ever-changing target flood zones and a track record of unpredictable claims, many ...
Using Behavioral Economics to Improve P/C Insurance Outcomes
The sensors in your house track your habits and convey them to your insurer, who underwrites your homeowners policy. A customer signs an "honesty pledge" and then reports a claim to the insurer. ...