Operationalizing Risk Data for Insurance
The use of location data has long been part of insurance technology trends. It touches on virtually every aspect of the business, starting with risk assessment and underwriting and extending to claims management, fraud detection, and new customer acquisition. Today, businesses have access to more location-based data than ever, including satellite imagery, mobility data from […]
Environmental Threats Shape Risk Management in Insurance
In 2020, for the first time, the World Economic Forum in Davos (Switzerland) defined in its Global Risk Report 2020 that of the risks identified in this report, environmental risks are now considered significant global concerns. This forum brings together many world leaders who are committed to identifying major problems and risks to be addressed […]
The Risk Next Door: A New School Approach to Co-Tenant and Adjacent Management in Insurance Risk
The term neighbor usually evokes pleasant thoughts like a young family playing in a sprinkler or the elderly couple who still walks a freshly baked apple pie through the back yard in the fall. Within the insurance industry, however, a neighbor can be one of the biggest challenges when considering co-tenant and adjacent risk management […]