As property/casualty insurers invest more and more in company-wide innovation, they will ultimately glean greater insight into not only best practices, but also lessons learned that truly move the needle. This was a central discussion topic at InsureTech Connect 2019, which attracts the largest gathering of insurance leaders to discuss change and growth in the …
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Flooding may not manifest as severely as other natural disasters, but increasingly, for homeowners, the impact of flooding can pack quite the punch. In the U.S., between 1980 and 2018, flood losses have topped $123.5 billion, of which almost $48 billion is covered by the National Flood Insurance Program (NFIP). Over the past few years, …
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A thread woven throughout sessions and sidebars at DigIn 2019 was the idea that insurance innovation is in a period akin to halftime during a football game. Over the past few years, the industry has experienced a substantial ramp up. It’s no longer a question of whether accurate property data is relevant to a carrier’s business …
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