As P&C insurers shift toward “predict and prevent” models, fee-based risk management services could more than double revenue by 2030, transforming traditional business approaches, Deloitte says.

Sensors collecting hyper-localized data on dozens of environmental factors are helping to build a better understanding of exposure to extreme weather events, and giving insureds more opportunities to predict and prevent losses.

The risks the world now faces – climate change, economic instability, political crises, cyber crime, supply chain disruptions – are overlapping and amplifying each other.

A number of tech-based startups are emerging that could help us mitigate the impact of wildfires.

Arooran “Aroo” Sivasubramaniam, who is the Head of Zurich Resilience Solutions, speaks with Risk & Insurance about a new climate resilience tool.

IBHS’s Wright on how the insurance industry is approaching disaster mitigation through innovative building standards and state-level partnerships.

Flood adaptation measures are gaining focus among governments and insurers as research finds the benefit of investing in adaption outweighs cost of rebuilding after a disaster, reports Swiss Re.

ZeroEyes envisions becoming ‘the next smoke alarm’ for gun detection, aiming to be as ubiquitous in security systems as fire prevention measures.

It’s interesting, as Steve Jobs once said, you can’t connect the dots looking forward, but you can connect them looking backward. My journey in technology innovation has been a culmination of experiences and insights gained over time.

As wildfires continue to pose significant challenges for the insurance industry, innovative technologies are emerging to address this growing threat.

Berven says Nationwide takes long-term view on improving property resilience, preventing losses.

HSB’s Riggs shares insights into the company’s approach to technology-enabled risk prevention and protection.

Liberty Mutual’s Doyle shares how access to real-time data is helping to enhance and expand risk control, and how pilots of new tech can improve ROI.

It’s about time we got emerging technologies and strategies that mitigate risk and avoid losses into the hands of more customers.

Previsico’s hydrodynamic modeling and onsite sensors predict localized flash floods, helping insurers and customers manage risk more effectively

Barnes and Lee shared how technology can provide more transparency into global supply chains, helping to avoid business interruption.

Nauto’s AI-powered platform is transforming transportation safety by proactively identifying risks and preventing collisions before they occur

Distracted driving is a growing — and pernicious — cause of auto accidents, but a predict and prevent approach can help to stem the tide of losses.

The “one in X year” language is leading people to underestimate the true extent of their flood risk. It’s time to view it in a different light.

Building more resilient buildings and infrastructure and preventing damage from disasters will be key to managing climate risk in the future.