Preparation and action that takes place now can help businesses become more efficient, effective and resilient to natural catastrophes and similar crises in the future.
Collisions with insurance company legacy systems is just one reason why the use of artificial intelligence in property underwriting has not advanced as far as some would like.
The financial pressure on risk managers and businesses to address flooding risk in the wake of climate change is mounting. Here are a few ways to start.
Mutuals and captives seem to be the insurance approaches that are still providing useful cover to coal-burning power plants. That being said, there is no rush to replace capacity that is leaving the market.
Shutting down production for even a few hours for maintenance can have a tremendous impact on profits, which is why predictive analytics can help catch a potential problem before it arises.
According to a report by The Hanover, small business owners view property damage as largest threat during the next five years. But are they overlooking cyber?
At St. Joseph’s University, future risk management professionals tried their hands at developing Insurtech solutions that could lower quotes and make the underwriting process more efficient.
Insurance pricing is up. Stepping to the plate is AXA XL’s Joe Tocco, who has a lot to say about the role of brokers and underwriters in navigating shifting markets.
1,680 of the nation’s high-hazard dams are in risky condition. When they break they endanger people, interrupt businesses and cause massive property damage.