* Define: What is the problem?* Measure: How extensive is the problem?
* Analyze: What is causing the problem?
* Improve: How can we make the problem go away?
* Control: How can we make the problem stay away?
Private mortgage insurers must accept the FICO alternative as valid collateral before it can be widely adopted by the mortgage industry.
Fraud, missed subrogation opportunities and customer experience can impact claims after a catastrophe, but AI can address some of these factors.
Telematics data can empower commercial companies to operate more efficiently and safely.
Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the protection gap.
States warn that eliminating the BRIC program could leave rural areas vulnerable to extreme weather.
Behavioral economics is gaining traction in insurance underwriting.