Commercial Lines

The insurance industry faces unprecedented challenges as extreme weather, rising costs, and market shifts reshape the coverage landscape.

Automation and technology-enabled "flow" processes open up a $350 billion market, primarily made up of small and medium-sized businesses.

Traditional catastrophe models fall short as climate change intensifies natural disaster risks, demanding smarter approaches to assessment.

Automated data ingestion transforms commercial insurance operations, driving efficiency and revenue growth while laying the groundwork for AI advancement.

As California wildfires surge, insurers battle an $8 billion claims wave while fighting sophisticated fraud schemes.

Generative AI assistants are transforming commercial underwriting by automating tasks and enhancing risk assessment capabilities.

Early forecasts are for a less active hurricane season than 2024's devastating one — though severe convective storms show no signs of letting up.

Insurers' current approach to assessing the risk from severe convective storms is fundamentally flawed. AI allows for key, property-specific insights.