No doubt, AI is a hot topic in the insurance world these days. It brings so many possibilities to make us more effective and efficient.
Last year, U.S. P/C insurers incurred a $21.2 billion net underwriting loss, only slightly improved from a $24.9 billion underwriting loss recorded in 2022. Roughly $65 ...
Three technologies are having a profound impact on how insurance can help manage and mitigate risk:
Internet of Things (IoT) technology is supplying large amounts of ...
Insurers need to take a comprehensive and collaborative approach to stem the rising tide of social inflation.
This approach should be one ...
Bottom-line impact from technology investments starts at the top for property insurers.
At HSB and the IoT Observatory, we believe that ...
Inadequate valuation of physical assets in property policies results in a shortfall in premium collected, which in turn hinders the ability to rebuild fully after a ...
