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| | | High Quality, Low Risk Clients | |
| You'll find them easier if you integrate a geoprocessing solution into your P&C platform so you can pre-score potential policyholders using GEOSPATIAL DATA. | |
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| Korem: The Geospatial Expert Shop |
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| Today's Headlines | February 28, 2022 |
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There is plenty of talk about the everchanging cyber risk environment, but what about the insurance industry that underwrites these risks? As some contemplate a need for more stability in cyber underwriting, others say the key to a more mature market is embracing its constant pace of change. "The risk is evolving. It is continuous,"... read more | | |
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While he didn't say that distribution of Root Insurance products through independent agents was off the table in 2022, the InsurTech's chief executive officer did say the company is now laser-focused on embedded insurance last week. Last year, during the second quarter of 2021, Root announced an embedded insurance partnership with online car dealer Carvana... read more | | |
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Over the past year, online client demand has maintained a steep upward climb. Due to the pandemic, cloud and integrated technology capabilities have been expanded to support remote work models previously unavailable. And companies had to implement operational changes rapidly to navigate this drastically different ... read more | | |
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Although Berkshire Hathaway's biggest insurance operation GEICO reported a 63 percent drop in pretax underwriting income in 2021, overall the conglomerate's insurance and reinsurance operations saw pretax underwriting profit jump nearly 12 percent, the annual report reveals. Underwriting profit for Berkshire's primary commercial insurance operations almost returned to levels recorded during 2014-2018, and underwriting losses... read more | | |
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AM Best believes that Russia's invasion of Ukraine could have a "substantial impact" on the world's insurance industry in the near to midterm, the rating agency said in a report published on Friday. The report, "Significant Implications of Ukraine Invasion on Global Insurance Industry," cited the fallout in the capital markets and potential for widespread... read more | | |
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A swath of major American businesses—from major banks to utility companies—is preparing for possible cyber attacks against their computer networks as Russia on Thursday threatened "consequences" for nations that interfere with its invasion of Ukraine. Their concerns, echoed in C-suites and around Washington, follow recent warnings from the Biden administration that U.S. firms should harden... read more | | |
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U.S. auto safety regulators are investigating complaints that the automatic emergency braking systems on more than 1.7 million newer Hondas can stop the vehicles for no reason. The National Highway Traffic Safety Administration says it has 278 complaints that the problem can happen in 2017 through 2019 CR-V SUVs and 2018 and 2019 Accord sedans.... read more | | |
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More states are requiring employers to disclose information about their workers' salaries with the hope it will reduce gender and racial pay gaps. But increasing pay transparency can also have some surprising impacts on worker productivity, according to a new large-scale study that is the first to examine how employees respond when they find out... read more | | |
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| | Join us on Wed. March 9th, 10 am PST, 1 pm EST Over-pricing policies could ... read more | |
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| | A 2020 U.S. P&C insurance performance analysis performed by EY showed that ... read more | |
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| | This must-read white paper illuminates the role technology plays in solving two ... read more | |
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| | Today, there are four major forces that are putting pressure on the property ... read more | |
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| | Strategy Meets Action (SMA) offers insurers insights on advancements in premium ... read more | |
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