Thanks to emerging technology, today’s insurance carriers are able to utilize a wealth of tools and resources to more accurately evaluate risk, determine quotes, and manage claims instead of relying on guesswork. More technological enhancements are coming down the pipe to help insurance carriers and property owners be even more prepared for the unexpected: predictive […]
Month: November 2018
What Hurricane Michael Has Taught Homeowners About Gaps in Insurance Coverage
While we knew Hurricane Michael would be bad, weather forecasters did not predict how extreme the storm would be. Hurricane Michael ended up being the most powerful storm in history to hit the Florida panhandle and is considered to be the third worst hurricane on record to make landfall in the United States. While it’s […]
Fire-Related Deaths at Home On the Rise
Despite advancements in sensors and smart home technology, people are more likely to die from a fire in their own home than they were a few decades ago. According to the National Fire Prevention Association, the death rate per 1,000 home fires is 10 percent higher than it was in 1980. While our country as […]
2018 Digital Trends for the Property and Casualty Insurance Industry
2018 is rapidly coming to a close, and it’s important to acknowledge how technology has disrupted the property and casualty insurance insurance industry over the past year. While the industry historically has been slow to adopt technology, the influx of Insurtech companies in recent years has caused insurance carriers to embrace digital trends in order […]
