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Big Data and Underwriting – How Data Analytics is Changing the Insurance Industry

Posted in Insurance Relief News, Insurance Industry News

Big data and analytics are becoming the foundation for underwriting and pricing in today’s insurance industry. By gathering and using data from different sources, insurance companies can more accurately gauge...
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Top Insurance Industry Blog Posts from 2017

Posted in Insurance Industry News

Here are a few of the most engaging and stimulating posts of the past year. 5 Top LinkedIn Groups for Insurance Professionals This post describes some of the best LinkedIn...
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Global Catastrophes Wracked up a Lot of Cost in 2017

Posted in Insurance Industry News

Insured losses from catastrophic events in 2017 could reach as high as $90 billion, according to insurance rating agencies. Hurricanes account for a major part of those losses, with Harvey,...
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How to Detect Insurance Fraud

Posted in Insurance Industry News

Insurance fraud is much more prevalent than most people think, and it costs everyone more in the form of higher premiums. But insurance companies are well armed to fight the...
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Average Global Insurance Rates on the Decline

Posted in Insurance Industry News

Commercial insurance rates have declined for 17 consecutive quarters, according to a global market index. Global rates of renewal have been dropping since early 2013. Global insurance rates dropped more...
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The Key Ways Top Insurance Organizations Differentiate Themselves

Posted in Insurance Industry News

For companies to survive and prosper, they must stand out among the competition. Top companies are effective in finding ways to distinguish themselves from their competitors. Here are a few...
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How Data Breaches Are Changing Business

Posted in Insurance Industry News

It’s no secret that cybersecurity has become a major issue for businesses. Many companies are beefing up their efforts to protect themselves against cyber threats from hackers. They are setting...
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Insurance Conferences You Won’t Want to Miss This Summer

Posted in Insurance Industry News

Conferences are scheduled throughout the summer for all types of insurance professionals in the western region of the United States. They all offer great opportunities for professional development through educational...
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The Tech Trends that are Shaping the Insurance Industry

Posted in Insurance Industry News

Technology is transforming the way companies do business, and the insurance industry is no exception. Many in the industry see technology as an opportunity for growth. Here are some of...
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Best Practices for Agencies Reviewing Insurance Certificates

Posted in Insurance Industry News

At first glance, insurance certificates look fairly transparent and uncomplicated. But in actual practice, the process of drafting one often turns out to be more onerous than you think. The...
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