Underwriting & Pricing
Suddenly Everybody Wants Pandemic Cover
In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like buying property insurance when your house is on fire, according to Tracey ...
Forecasters Predict an Above Average 2020 Atlantic Hurricane Season
The 2020 Atlantic hurricane season could see a greater than average number of major hurricanes because of warmer seas and favorable weather patterns, forecasters from Colorado State University's ...
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. ...
Marsh’s U.S. Cyber Market Saw Modest Growth in 2019
Cyber insurance take-up continued to increase in 2019, driven by growing recognition of cyber threats as a critical business risk, says a new report. Marsh's 2019 Cyber Insurance Purchasing Trends ...
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. ...
Dummies Lead Challenging Lives
Crash test dummies at the Insurance Institute for Highway Safety have their own home. They "live" in what is known as the "dummy calibration room," a bright industrial space containing whole ...
MGU SageSure: A Tech Company Dressed Up in an Insurance Company
While InsurTech carriers selling personal lines insurance see software licensing deals as new avenues to growth, a technology company operating in the special niche of catastrophe-exposed property ...