Some insurers have now started to see the potential in using geospatial property intelligence to inform risk assessment and underwriting. Using this widely-available data and technology, insurers can now quote, assess, and protect their customers in a whole new way. Read this blog to find out more.
A new generation of AI-enabled, visual remote inspection tools are enabling homeowners, commercial property owners and others to do their own contactless property inspection using a mobile app and the camera on their smartphone. This blog highlights the benefits for property insurers.
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.
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.
This whitepaper explores the role of the construction industry in driving carbon emissions to achieve net-zero by 2050, the use of structural timber and why insurers need to reassess the risks associated with insuring structural timber systems.
In this episode of Conversations on the Creek, Rob Savitsky and Robert Fletcher from Duck Creek talk with Tracey Waller of ISO, a Verisk business, about underwriting small commercial property risk, and the impact of data informing better outcomes for insurers.
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.
Record-breaking flood events are becoming a fact of life, yet at present, there are almost 500,000 homes that have been given planning permission and are waiting to be built on a flood plain. This blog focuses on how defining property flood risk protection can help build flood resilience.
Business in the Community estimates 40% of small businesses close for good after a catastrophic loss from flooding. This report provides an expert guide to commercial flood risk and the threat that flooding poses to businesses in Britain.