Many insurers mistake their system of record for a true policy administration platform, a confusion that now costs them speed, distribution reach, and competitive ground.
Insurers must evaluate fleets' claims processes, data usage and operational discipline to write profitable commercial auto policies amid soaring liability costs.
Insurers must evaluate fleets' claims processes, data usage and operational discipline to write profitable commercial auto policies amid soaring liability costs.
As insurers race to deploy AI, the real competitive edge lies in building non-AI governance systems that ensure accountability and regulatory defensibility.
Parametric reinsurance offers a new approach to managing the increasing threat of secondary perils, providing much-needed financial protection for insurers.
Bipartisan legislation would use federal mitigation funds to support parametric flood insurance, accelerating disaster recovery in underinsured communities.
