Where Carriers Are Spending: The Investments Driving Underwriting Change
Although nearly two-thirds of underwriting professionals surveyed in 2021 said that AI and automation tools aren't easing their workloads—and 28 percent said their ...
Technology & Analytics
Cyber Officials From 37 Countries, 13 Firms to Meet in Washington on Ransomware
The White House will host officials from 37 countries and 13 global companies in Washington this week to address the growing threat of ransomware and other cyber crime, ...
How to Create Fully Integrated, Personalized Telematics Offerings—And Make a Profit
Today, dozens of insurers have launched telematics offerings, indicating that it is a prerequisite for remaining competitive; however, most insurers in the market are ...
U.S. Consumers Value Data Privacy Over Savings in Home and Auto Insurance: Policygenius
Despite inflation and rising costs, most Americans would rather pay more for insurance coverage than use data-monitoring devices, according to an annual survey from Policygenius. The survey found ...
Insurers Should Be Ready for Global Average Disaster Losses of $123 Billion: Verisk
The global insurance industry should be prepared for insured losses from natural catastrophes well in excess of $100 billion every year, according to the 2022 Global Modeled Catastrophe Losses Report ...
Phishing Triggered Majority of Cyber Claims in 2022 First Half: Coalition
Claims are down among Coalition policyholders in the first half of 2022, but small businesses became bigger targets and an organization's employees remain the easiest was for cyber criminals to ...Beyond Zeros and Ones: When Cyber Attacks Become Physical
When people think of cyber attacks, they might think of things like phishing, ransomware or data theft. But increasingly, something called cyber-physical attacks are making their way into the ...
Next Gen Service: What Agents Want From Their Carrier Partners
At a recent industry event, the Duck Creek Formation conference in March, insurance agency representatives, including Most Insurance Agency Principal Craig Most, shared their thoughts about what ...
Amazon Keeps Growing, and So Does Its Cache of Data on You
From what you buy online, to how you remember tasks, to when you monitor your doorstep, Amazon is seemingly everywhere. And it appears the company doesn't want to halt its reach anytime soon. In ...