Why Proactive Wildfire Planning is Essential
Risk assessments and real-time data are key to saving lives and land In the summer of 2018, the Spring Creek Fire was rampaging in Colorado. A piece in The Denver Post at the time depicted a...
Wildfire Risk: 3 Things that Insurers Need to Know
Wildfires: once merely an afterthought for the insurance industry, these destructive events have increasingly become more of a risk factor for underwriters to consider. It makes sense that with the...
Understanding Wildfire Risk: The Marshall Fire – Not Your Average Wildfire
The most destructive fire in Colorado history, the Marshall Fire, started December 30th, 2021 in Boulder County and burned over 6,200 acres. Estimates dated January 6th show 1,091 structures were...
Insurance Technology Trends for 2022
Without a doubt, the insurance industry is driven by data. Even before the rise of personal computers, the Internet, and widely available analytical tools, insurers relied heavily on insurance...
Dynamic Weather Data Streamlines Underwriting, Risk Selection, and Claims Processing
Between 2017 and 2019, there were 638,000 claims resulting from hail damage in the state of Texas alone. To make matters more complicated, 50% of hail claims go undetected for up to 18 months. That...