There’s a lot of buzz about smart home technology, and this trend has extended over to commercial properties as well. As a result, the Internet of Things (IoT) presents today’s insurance carriers with a tremendous opportunity to deliver more value to commercial insureds and strengthen relationships. If insurance carriers aren’t taking into account the data […]
Month: July 2018
The Impact of Climate Change on Coastal Properties
There’s a lot of buzz about climate change and how detrimental it will be if nothing is done to address it. However, a recent study put together by the Union of Concerned Scientists (USC) sheds more light on what the impact of climate change will be on coastal properties in the coming years. The Impact […]
The Challenge with Water Damage Due to a Slow Leak
The standard homeowner’s insurance policy will offer coverage in the event of a sudden discharge or overflow of water from a plumbing or heating device. However, what happens if the homeowner experiences damage due to a slow leak that has been occurring over an extended period of time? Many Homeowners Aren’t Aware of How Water […]
Will Amazon Soon Be a Part of the Homeowners’ Insurance Market?
The property and casualty insurance landscape today has certainly seen some big changes over the past decade as new players have entered the market. And just when we thought it wasn’t possible for the insurance space to become more competitive, rumor has it that Amazon is considering offering homeowners’ insurance. Considering the impact that Amazon […]
