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A new LexisNexis Risk Solutions report explains how small commercial business insurance carriers can turn their top challenges into competitive advantages.
Assessing the value of automated loss runs as a way to increase underwriting efficiency.
Can insurance innovate by adding a location component to data?
Regardless of what form data takes, data is and will be the engine that drives market forces now and in the future.
Start-ups and established insurers are focusing on online, direct sales of insurance to small and medium-sized businesses.
Improved analysis underpins coverage to smooth the intermittent nature of wind, hydro, and even solar power
There are valuable lessons to be gleaned from approaching cyber risk as you would an active volcano.
Mid-size employers transitioning from fully insured health care plans are intrigued by stop-loss captives.
Site-specific risk assessments do what standard models can’t, benefitting both insurer and insured.
The threat of a catastrophic cyber attack on our infrastructure is real.
Modeling cyber risk accurately is key to avoiding a subset of D&O claims.
How a smart shirt and lifting weights can trump Big Data.
Changing market forces are driving pessimism among independent insurance agencies.
Insurers and brokers are developing unique tools to help insureds stay ahead of global political risks.
The private insurance market needs to better understand exposure to flooding.
Models analyze variables at intake and afterward to identify claims that may become adverse.
Complex supply chain risks are prime territory for analytics to close coverage gaps, root out weak or risky suppliers, and ensure business continuity.
With the rise of the Internet of Things, wearable tech and “people analytics” could put you out of a job.
More companies are harnessing industry data to cut down claim duration and overall cost.
A combination of technology and data-centric risk management almost guarantees resilient supply chains.
Expanding powers of analytics are fine and good. But without the wisdom of experienced risk managers, they’re not much good at all.