One of the biggest challenges (and criticisms) that insurance carriers have historically faced is turn-around time, whether it’s underwriting risk or processing a claim. How Technology Is Making Its Way Into the Insurance IndustryHowever, as the years have gone by, the insurance industry as a whole is starting to see an influx of technology that […]
While our team of seasoned professionals at Insurance Risk Services partners with carriers that offer property and casualty insurance to a number of different industries, we’d like to take a moment to talk about insuring the risks associated with restaurants, bars, taverns, and nightclubs. Each industry certainly has its own set of unique risks associated […]
While it’s hard to believe, November is officially here, which means the cooler winter months are rapidly approaching. Anyone in the property and casualty insurance industry knows that the winter months can take a toll on properties, creating a number of insurance claims as a result. Fortunately, there are a number of weatherproofing measures that […]
Despite the nearly $6 billion in damage related to Hurricane Matthew that rocked the Southeastern coastal region of the United States in early October, A.M. Best does not anticipate a change in most insurer ratings. This is because many of the rated insurance carriers have a diverse footprint and sufficient capital in place to absorb […]
Commercial property can present a number of potential risks to an insurer, which is why it’s absolutely critical to make thorough commercial inspections part of the underwriting process. Having commercial property inspections completed by seasoned professionals can allow insurance agencies to make more informed underwriting decisions, therefore helping to mitigate risk when taking on new […]
While insurance inspectors play a critical role in the underwriting process, they also often serve as ambassadors for your brand. For over 35 years, we’ve worked hard at Insurance Risk Services to build strong partnerships with insurance carriers in the property and casualty industry. Our success is dependent on maintaining these relationships, which is why […]
If you haven’t heard, 2016 has been a record setting year for Texas insured property losses for both homes and automobiles. This is primarily due to the number of damaging hail storms that have pounded the state and the wide-spread flooding that Texas has experienced so far this year. To demonstrate how severe the impact […]
Property inspections play a critical role in the underwriting process. This is why it’s so surprising that there are often a number of overlooked factors in a property inspection that can greatly increase an insurance company’s risk of taking it on. Here are 3 important factors that are often not taken into consideration with a […]
Technology has dramatically changed the way that today’s claim inspections are performed, and perhaps there is no greater example of this than the Allstate’s recent use of drones to inspect the roofs of 20 homes in Texas. For the past year, Allstate has been testing drones to see how they could leverage this technology to […]
Over the last 25 years, field inspections have changed dramatically thanks to the technological advancement of measuring devices. Today high-tech measuring devices such as moisture meters and infrared thermometers are finding their way into property inspections as they have been known to make the process much more efficient and accurate. The three most common types […]
We’re delighted to announce that Insurance Risk Services will rebrand to Davies in the near future.
