What the Real Estate Industry Needs to Know about the Insurance Industry and Climate Change

July 15, 2016

THE INSURANCE INDUSTRY’S keen interest in climate change goes back decades. Evan Mills, a climate change researcher at the University of California who specializes in the financial services sector, explains that climate change is a “stress test” for the insurance industry because “insurers abhor unquantified and unpriced risks, as well as market distortions” introduced by public policymakers. For many insurance products, including property and business continuity insurance, climate change upends the notion that experience is a good predictor of future losses. Climate change’s destabilizing effects are also likely to increase the political pressure on governments to intervene in insurance markets.

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Vidyard

Vidyard is the video platform that helps businesses transform communications and drive more revenue through the strategic use of online video. Going beyond video hosting and management, we help businesses connect with more viewers through interactive and personalized video experiences, learn powerful insights on their viewing audience, turn insights into action with enterprise integrations, and prove the impact of their video programs.

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whitePaper | July 24, 2022

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How to choose your insurance administration system

whitePaper | December 8, 2022

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whitePaper | November 21, 2019

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whitePaper | March 14, 2022

If you want to see the influence that insurtechs are having on how insurance will be sold in the future, look no further than Lloyd’s of London, which has been about as technologically behind as an institution can be. Brit Ltd. announced in May 2020 that, in collaboration with Google, it has created Ki, a new syndicate that will be part of Lloyd’s, that “will aim to significantly reduce the amount of time and effort taken for [commercial] brokers to place their [excess] capacity, creating greater efficiency, responsiveness, and competitiveness.” The Ki platform, which will launch in 2021, will be cloud-based, able to be accessed by brokers directly, and involve algorithms able to evaluate Lloyd’s policies.

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Data culture: The insurance imperative for growth and resilience

whitePaper | March 17, 2022

The challenges facing the insurance industry have accelerated a shift in customer expectations for digital-first, streamlined and personalised relationships. This content highlights how creating a strong data culture can enable insurers to improve decision making and enhance the customer experience.

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5 Reasons why insurers should modernise their claim payment process

whitePaper | July 5, 2022

Modern UK insurance providers are focused on accommodating the changing expectations of their customers1 : improving customer service; streamlining claim payment processes; reducing manual disbursement methods, and increasing the speed of claim payment delivery. A digital payout solution can help transform all five of these areas to meet – and exceed the new demands.

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Spotlight

Vidyard

Vidyard is the video platform that helps businesses transform communications and drive more revenue through the strategic use of online video. Going beyond video hosting and management, we help businesses connect with more viewers through interactive and personalized video experiences, learn powerful insights on their viewing audience, turn insights into action with enterprise integrations, and prove the impact of their video programs.

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