The Best of Both - A Sweet Spot Between New and Traditional Insurance

Approaches to systemic risks, such as climate change, cyber, war and pandemics, are changing and this will undoubtedly have an impact on both general insurers and the market as a whole. This webinar considers what the main systemic risks facing the industry are, how insurers thinking on systemic risks has changed in recent years, how changing approaches to systemic risks are impacting the market and insurers business operations, and whether learnings from recent experiences (such as Covid-19) can be applied to the other systemic risks threatening the industry.

A reliable replacement cost estimate based on actual claims data can help you maintain insurance-to-value (ITV) in the competitive commercial lines marketplace. Discover how Verisk has combined data and analytics from ProMetrix to deliver up to a 75 percent hit rate in 360Value, giving you the power to substantially enhance the accuracy of your underwriting for more properties in your portfolio. Get the full picture for commercial property with Verisk’s trusted reconstruction cost estimates, now paired with even more robust data from ProMetrix. Understanding the full scope of your exposure can help you streamline underwriting and protect your customers.

It’s a quiet crisis that has flown under the radar: Job-based health plans have become unaffordable for a growing share of the 156 million Americans who rely on them. Rising health care prices have led to soaring deductibles and out-of-pocket costs, prompting hard decisions: Half of American families with job-based plans say they ration trips to the doctor, bypass the ER, and leave prescriptions unfilled, according to a recent survey by the Los Angeles Times and the Kaiser Family Foundation.

Today’s insurance industry business environment is characterized by constant disruption, increasing competition, stagnant growth, increasing costs, new technologies, and shifting market and customer demands. These tectonic shifts are redefining the future of the insurance industry. In this environment, focusing on both operational and strategic innovation is more important than ever to effectively manage the current business while creating the future.