Business Management
2037 whitepapers and resources
Business Management - White papers related to Business Management
Text analytics: Telling stories that drive insurers’ progress
The value of big data has been well documented, but there has been a lot less focus on unstructured data. This article highlights how insurers can leverage text analytics to convert unstructured data into meaningful insights in relation to claims, underwriting and product development.
Five ways to keep flood waters out of your business
Flood events in 2016 were a major contributor to natural hazard losses and this trend of major flood losses is expected to continue in 2017. Featuring links to external resources, this short article provides advice on how to keep flood waters out of your business.
The future of risk scoring
As the insurance industry innovates to adapt to the changing face of risk and consumer expectations, how can insurers expect to benefit from the move to embrace enriched intelligence from new data sources? This article sheds light on the future of risk scoring and the top five anticipated benefits.
How to manage construction fire liabilities
There are hundreds of construction fires every year in the UK, leading to delays and spiralling costs for both building owners and contractors. This article looks at how to manage construction fire risk, including the importance of fairly allocating contractual liabilities between parties.
Why you need to be considering excess layers for customers
In February 2017, the Lord Chancellor announced a cut in the discount rate, moving it from +2.5% to -0.75%. By providing anonymised examples of real Zurich claims, this article sheds light on the significant impact on the cost of future settled claims, as well as future casualty and motor premiums.
Tackling noise induced hearing loss claims
February 2016 saw the first ‘fundamentally dishonest’ ruling made in relation to a noise induced hearing loss [NIHL] claim. This article highlights the significance of the ruling and offers three top tips for insurers interrogating data related to NIHL claims.
One size fits all? Not for global insurers
As global insurers move to common IT platforms and applications, they’ve come to the realisation that a “Company Layer” to handle enterprise-level capabilities is essential for operations. This article looks at the components that lend themselves to a “Company Layer” and the benefits for insurers.
Escape of water: A strategic approach
Escape of water represents a large proportion of all property claims. There are a range of common causes, making it difficult to manage and eliminate the risk entirely. This infographic explains how to approach escape of water risk management strategically to achieve the best results.
Insuring construction’s complex risks
Construction is inherently a risky industry, especially with increasingly innovative and complex designs. Recent changes in the industry have also added risk management concerns to its current risk profile. This article highlights how insurers and brokers can navigate construction’s complex risks.
Most brokers believe buildings are significantly underinsured
Insuranceshortfall.com recently surveyed 100 brokers at this year’s BIBA Conference about their views on underinsurance and UK buildings sums insured. Download this short article for a summary of the research findings.