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| | | Maintaining ITV in a Volatile Market | | Do your commercial property valuations accurately reflect today's rising inflation, higher material and labor costs, and shifting supply chain dynamics? They should. | | | | Verisk | |
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Today's Headlines | August 30, 2022 |
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The use of artificial intelligence technology is accelerating in the insurance industry both on the claims and underwriting fronts, according to Stan Smith, founder and CEO of GradientAI, and insurers that are too slow to keep pace will have a hard time staying competitive. "Without a doubt, insurers that are slow to leverage the value... read more | | |
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The cyber re/insurance protection gap provides an opportunity for insurance-linked securities (ILS) investors, which historically have filled the gaps where traditional capital has either retrenched or is unavailable, according to a report published by S&P Global Ratings. "The demand for protection from cyber risk is increasing, but the capacity offered by the re/insurance sector is... read more | | |
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Regional insurers—including those that are new to the market or early in their growth journey—need to create connected experiences to meet the needs of modern insurance buyers. New case studies from Verisk document two recent examples of overcoming challenges and getting results. ...read more |
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Accelerant, an InsurTech platform aiming to provide underwriters with risk exchange, data analytics and long-term capacity commitments, announced a new $175 million sidecar vehicle, Flywheel Re. Flywheel will provide multi-year risk capital to Accelerant and its team of underwriting-led specialist members. "Our sidecar is a natural extension of the work we've been doing to support... read more | | |
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Rivers across the globe are disappearing. From the U.S. to Italy to China, waters have receded, leaving nothing but barren banks of silt and oozing, muddied sand. Canals are empty. Reservoirs have turned to dust. The world is fully in the grip of accelerating climate change, and it has a profound economic impact. Losing waterways... read more | | |
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Europe's record-breaking heat wave will be just an average summer in less than 15 years — even if countries meet their climate goals — with regular droughts and fires set to become the norm. By the end of the century, a typical summer will be over 4 degrees Celsius hotter than pre-industrial levels, more than... read more | | |
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What will draw employees to work and keep them engaged? If your organization is wrestling with that question, you're not alone. Insurers — like many other industries — are struggling to retain employees and engender their loyalty, especially after the work disruptions of the pandemic and the resulting "Great Reshuffle." Employees are now asking themselves:... read more | | |
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| Insurers face formidable challenges when it comes to the end-to-end handling of ... read more | |
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| Artificial Intelligence is going to be a major key to growth in this decade. ... read more | |
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| Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| For many carriers, providing an exceptional digital experience for agents is a ... read more | |
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| It's likely that 65% of commercial trucks on your books are undervalued. ... read more | |
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