With new measures being introduced to facilitate resilient repairs, this article investigates whether these steps go far enough to help insurers and their customers when faced with building claims.
For property fire risks we can establish fairly accurate tipping points, which allow the insurance industry to calculate risks, and the ensuing cost of claims, with greater precision. This blog focuses on new data to deal with fire tipping points for better insurance risk classification.
Why insurers and their supply chains must work together to successfully protect homes from the devastating impacts of flooding
To successfully protect homes from the devastating impacts of flooding and help mitigate its financial consequences, insurers and their supply chains must work together. This content highlights why the Build Back Better agenda demands improved supply chain co-ordination and cost control.
Property claims do not have to be complicated. From eFNOL to claim settlement, there are tried-and-true digital tools that simplify the customer experience, reduce costs, speed up cycle time, and, most importantly, improve customer satisfaction. Download this short blog to find out more.
This blog highlights the increasing threat posed by windstorms in the UK, why property insurance providers are building windstorm data into their pricing at point of quote and how geospatial mapping technology enables insurers to manage their exposure as a storm unfolds.
When it comes to working with a third-party administrator for property claims, how far should an insurer go? This spotlight focuses on the options available to insurers and some key factors to consider when selecting the right TPA partner.
As the use of perils data has become ‘the norm’, risk analysis in home insurance needs to move on to the next level. This blog highlights how data attributes based on property characteristics, and more granular details of past claims could provide the answer for home insurance providers.
What does the future hold for property insurance? In the latest instalment, Jonathan Swift looks at how in 10 years’ time new technologies from the Internet of Things to remote survey technology will see the property insurance sector move from a responsive model to a predictive one driven by data.
In this special ‘Future Edition’ of Post – in association with Verisk – we take an educated guess as to what might be happening a decade from now. To do this we pulled together six main topics: motor insurance; personal injury; property insurance; the London Market; climate change; and eco-systems.
This whitepaper considers how technology such as intelligent automation is supporting a new drive for prioritising empathy in the claims process and overall customer journey.