We’ve talked a lot about how we expect the property and casualty insurance industry to evolve in 2017, and increasing dependency on big data will play a critical role.If you take a look at just about any industry, you’ll see that big data is enhancing the way that business is conducted. For example, in the […]
Month: March 2017
Flying Violations Create Risk for Using Drones as Inspection Technology
The use of drones to aid in property inspections is one of the most talked about inspection technology trends for the property and casualty insurance industry. Currently, a few insurance carriers are testing out the use of drones to see how they can add value to the property inspection process. Loosened FAA Guidelines Have Lead […]
Will Using Pictures and Data in the Inspection Process Lead to Less Risk?
We’ve talked about inspection trends for 2017, and certainly one of these trends that will continue into the future is the use of more data to mitigate risk for insurance carriers. How are insurance carriers using data to mitigate risk?Insurance carriers are using technology to gather data to help them to more accurately underwrite risk. […]
How Staying Up-to-Date with Law Changes Impacts Profitability for Insurance Carriers
We’ve talked a lot about the challenges that the property and casualty insurance industry faced in 2016 and will continue to encounter in 2017. Of these challenges, gaining control of declining profitability will be a top priority. With more than 35 years of experience in partnering with property and casualty insurance carriers to provide underwriting […]