In today’s ever-evolving hail landscape, insurers need a complete view of risk to make strategic selection and pricing decisions. A recent Milliman analysis showed that ZestyAI’s Z-HAIL risk score could improve hail risk segmentation. For the complete study, click here: https://bit.ly/3Vcub8I #research #hailrisk #insurance #ZestyAI
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As the P&C insurance industry continues to grapple with and look for smart, innovative ways to get ahead of potential hail losses, we continue to see validation from others how our Z-HAIL model can add laser-focused rating and underwriting capabilities to your strategy! #insurance #underwriting #hail #ZestyAI #insurtech #innovation
In today’s ever-evolving hail landscape, insurers need a complete view of risk to make strategic selection and pricing decisions. A recent Milliman analysis showed that ZestyAI’s Z-HAIL risk score could improve hail risk segmentation. For the complete study, click here: https://bit.ly/3Vcub8I #research #hailrisk #insurance #ZestyAI
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During the wintertime, workplaces across various industries face heightened risks of slips, trips, and falls due to icy conditions and inclement weather. Read our latest Risk Insights. #SelectpathInsurance #Risk #Insights #Insurance #Business #Navacord
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Our advanced model delivers unparalleled accuracy in assessing fire risk. By analyzing factors beyond fire station distance, such as response times and water source availability, we provide superior risk segmentation. This leads to more precise pricing and a stronger book of business. https://ow.ly/Vwx630sGapS #FireRisk #RiskManagement #Insurance #Underwriting
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Board Chair & Director, MAS & HKIA Regulated Companies: Risk, Technology, Sustainability and Business Growth, open to Board, AC, and Risk Committee positions. Founder, investor and Tech Evangelist for Asia
Already at #risk of #natcats 30 out of the top 44 cities most at #risk of sinking are here in #asia #riskmanagement #insurance PARIMA https://lnkd.in/gUQ7wHEc
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Empowering Better Risk Decisions | Data-Driven Analytics | Personal Lines Enterprise Sales @ Verisk
Our advanced model delivers unparalleled accuracy in assessing fire risk. By analyzing factors beyond fire station distance, such as response times and water source availability, we provide superior risk segmentation. This leads to more precise pricing and a stronger book of business. https://ow.ly/ZOAH30sGbp5 #FireRisk #RiskManagement #Insurance #Underwriting
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DID YOU KNOW? Natural disasters cost more (weather claims up to 10x in a decade!). This puts pressure on insurance companies and could affect your coverage. Reinsurance helps manage this risk, but it's also feeling the strain. Read this very informative article from November 2023. For more information on reinsurance and your business, contact KM Dastur. https://lnkd.in/dadVeEBb WHO WE ARE ➼ Insurance Broking and Risk Advisory Solutions 🌐 https://lnkd.in/deDNN34A ☎️ +27 (0) 11 326 3682 #insurance #global #reinsurers #kmdastur #risk #naturaldisasters
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Whilst autumn brings a stunning display of changing colours, it also brings unpredictable weather that can pose various risks to your business, from hazardous driving conditions to the increased likelihood of damage to outdoor areas. To stay vigilant and safeguard your employees and your business this autumn, check out our risk management guide designed specifically for the challenges businesses face this season: https://lnkd.in/er584kWa #DarwinClayton #InsuranceBroker #Insurance #RiskManagement
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Director | Re/insurance Specialist | Innovator 💡
DID YOU KNOW? Natural disasters cost more (weather claims up to 10x in a decade!). This puts pressure on insurance companies and could affect your coverage. Reinsurance helps manage this risk, but it's also feeling the strain. Read this very informative article from November 2023. For more information on reinsurance and your business, contact KM Dastur. https://lnkd.in/dt7S44PZ WHO WE ARE ➼ Insurance Broking and Risk Advisory Solutions 🌐 https://lnkd.in/dWAeVWrW ☎️ +27 (0) 11 326 3682 #insurance #global #reinsurers #kmdastur #risk #naturaldisasters
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Global CAT losses affect the global reinsurance market. Global reinsurance affects the Florida insurance market. Swiss Re forecasts CAT event losses to increase 5-7% Year over Year. That will certainly be a headwind for availability and affordability for Florida insurance buyers
The latest Swiss Re Sigma report highlights concerning trends in natural catastrophic event losses. Insured NatCat losses are estimated to grow between 5%-7% year on year. The report also notes a meaningful accumulation of loss from many smaller catastrophic events, in the US $1B-$5B range. Severe Thunderstorms, primarily due to hail, can no longer be called a 'secondary' peril. Their frequency, smaller average size, and geographic distribution make them challenging to manage. What does that mean for insurance premium growth? What are the implications for reinsurance costs & availability? What can reinsurers and insurers do to accelerate their risk management to keep ahead of this trend and avoid the costliest consequences? Stay informed and join the conversation on the future of the insurance industry at the Verisk Insurance Conference. #VIC2024 #Insurance #RiskManagement #Reinsurance #NaturalDisasters #SwissRe #VeriskInsuranceConference #ExtremeEventRisk
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The latest Swiss Re Sigma report highlights concerning trends in natural catastrophic event losses. Insured NatCat losses are estimated to grow between 5%-7% year on year. The report also notes a meaningful accumulation of loss from many smaller catastrophic events, in the US $1B-$5B range. Severe Thunderstorms, primarily due to hail, can no longer be called a 'secondary' peril. Their frequency, smaller average size, and geographic distribution make them challenging to manage. What does that mean for insurance premium growth? What are the implications for reinsurance costs & availability? What can reinsurers and insurers do to accelerate their risk management to keep ahead of this trend and avoid the costliest consequences? Stay informed and join the conversation on the future of the insurance industry at the Verisk Insurance Conference. #VIC2024 #Insurance #RiskManagement #Reinsurance #NaturalDisasters #SwissRe #VeriskInsuranceConference #ExtremeEventRisk
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