NEXT-GEN DIGITAL PROPERTY RISK MANAGEMENT IN A WORLD OF INCREASING AND CHANGING RISK

NEXT-GEN DIGITAL PROPERTY RISK MANAGEMENT
Increased risks are impacting insurance profitability. Earlier this year, AM Best indicated an increase in losses and expenses were responsible for the P&C sector’s $4.1 billion net underwriting loss in 2021 and a weakened combined ratio of 99.6%[i] . AM Best estimated that the 2021 catastrophe losses accounted for 7.7 points on the combined ratio.

Already in 2022, the Marshall Fire in Colorado is expected to reach $1 billion in losses, with nearly 1,000 homes destroyed and hundreds more requiring damage repair. Tornadoes in Kentucky and other locations devastated both homeowners and businesses. Rising construction costs, strained supply chains, and lack of construction workers are driving up the cost of rebuilding, putting many insureds at risk of not having enough insurance coverage and insurers at risk of not knowing their overall portfolio of risk.
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OTHER ON-DEMAND WEBINARS

YOUR INSURANCE CUSTOMERS – A CRYSTAL BALL OF BIG CHANGES IN A SMALL WINDOW OF TIME

Insurance continues its rapid pace of change with customers leading the charge! But the big difference from the last 2-3 years is that the changes represent shorter periods with key breakpoints signaling significant shifts in customer behaviors and expectations. The result evolving and new challenges and opportunities for insurance leaders.
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An Inflection Point for Credit: Innovations for a Personal Auto Hard Market

Personal auto insurers are hyper-focused on expense management and rate integrity amid a hard market. With Inflection™ InitialQuote* Score, insurers can leverage the score immediately at quote for a fraction of the bind order cost – optimizing credit expenses precisely when it’s most needed.
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The Top Insurance Technology Trends To Watch In 2019

Forrester

Insurance firms recognize that their future depends on the digital initiatives that drive better customer experience and more efficient operations. But heightening customer expectations, stalled progress on customer experience, a global recession on the way, and a new big tech name showing its interest in the business of insurance will reshape the technology strategies of insurance firms in mature and emerging markets. This webinar guides insurance technology decision-makers and their technology solutions providers to connect the what of insurance — underwriting, claims, and compliance to new hows — through innovative applications of AI, robotics, and distributed ledger technology that create trusted and differentiating customer experiences while protecting the balance sheet.
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PREDICTIONS 2022: GAME-CHANGING PREDICTIONS FOR A COMPETITIVE EDGE IN THE INSURANCE METAVERSE

Majesco

Change and disruption are a constant in today’s digital era but has exploded in intensity and breadth starting with InsurTech emerging in 2015 and accelerating during the pandemic. The tectonic forces of customers, technology and shifting market boundaries are driving foundational change to the insurance industry. From embedded insurance to the acceleration of commoditized insurance, the expansion of a multi-channel world, the resilience of agents and brokers who embrace technology, digital ecosystems, technology as a service, next generation customer engagement models, the data and analytics arms race, the demand for new payment options and the rise of new innovative products.
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