Extreme Weather, COVID, Home Claims By George Hosfield Extreme weather in the U.S. increased losses in 2020, while COVID reduced liability and theft claims because more people stayed home.
Economy Outlook: Recovering but Beware By Richard Sega Despite all the danger signs, we are guardedly optimistic that the current recovery will continue well into the new year.
State of the Insurance Marketplace By Kimberly George Mark Walls In the face of rapid change, what are the implications? And what risks should organizations be prepared for?
Vacation Rental Insurance Is Changing By Ty Harris AI and machine learning allow for insurance offerings with more customizable coverage and pricing to handle complex requirements.
How to Protect Those Who Need It Most By Bernhard Klein Wassink An EY survey of consumers reveals how the pandemic shifted financial well-being and prompted interest in new insurance protections.
Getting to 'Amazon-Like' Auto Claims By Stephen Applebaum Digitization of thousands of steps and integration among participants is enabling an “Amazon standard" for customer experience.
Pivotal Moment for Innovation in Auto By Sameer Dewan As car traffic picks up again, insurers must innovate on claims processing, offer risk management advice -- and much more.
Digitizing Reshapes Home Insurance By George Hosfield A survey of the top 50 U.S. property insurance carriers shows how digital disruption, innovation and the pandemic are affecting the industry.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.