Month: April 2018

With increased competition from other property and casualty insurance carriers, you must be focused on providing a superior customer service experience to win over and retain insureds. Unfortunately, insurance carriers typically have little to no face time with insureds, which makes it difficult to build a relationship and establish loyalty. Committing to improving the customer […]

With advancements in inspection technology and the growing reliance on big data, some speculate that traditional underwriting practices are going away. However, considering the number of emerging risks for property and casualty insurance carriers and declining profitability trends, thorough underwriting is more critical than ever to accurately assess risk. The Value of Combining Inspection Technology […]

2017 was the costliest Atlantic hurricane season in history, resulting in more than $215 billion in losses. The biggest storms of 2017 – Harvey, Irma, and Maria – were responsible for the majority of losses. To put this massive number into better perspective, the second costliest hurricane season recorded was in 1893 with approximately $185.6 […]

In today’s competitive insurance environment, underwriters are under pressure to move through the commercial inspection process quickly to win the business. However, not taking the time to complete a thorough, in-person commercial inspection puts insurance carriers at risk. Here are 8 areas that insurance carriers need to take into account when assessing the risk of […]