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- Tariffs are just one more uncertainty that insurers need to manage. But far from the biggest. March 21, 2025The insurance industry is once again in a race against rising costs. The on again, off again trade posturing across the globe […] The post Tariffs are just one more uncertainty that insurers need to manage. But far from the biggest. appeared first on VeracityID.Keith Montague
- Progressive is growing so fast because they know that the key to insurance success is advanced risk selection March 19, 2025Progressive has mastered the art of turning insurtech into profit, while the rest of the personal lines insurance industry continues to miss […] The post Progressive is growing so fast because they know that the key to insurance success is advanced risk selection appeared first on VeracityID.William Reeves
- Can Insurers Fix Flawed Risks Before It’s Too Late? February 25, 2025The personal lines property and casualty insurance market is at a breaking point. Catastrophe losses are mounting, regulatory pressures are shifting, and […] The post Can Insurers Fix Flawed Risks Before It’s Too Late? appeared first on VeracityID.Keith Montague
- Love Your Good Customers, Especially Those in Tough Markets February 14, 2025In the complex world of insurance, it’s tempting to lump policyholders into neat categories based on their perceived risk: good segments, bad […] The post Love Your Good Customers, Especially Those in Tough Markets appeared first on VeracityID.William Reeves
- Carrier agility is a vital skill in Personal Lines P&C January 31, 2025Carrier agility is becoming an increasingly vital skill, yet according to this story from P&C Specialist, some carriers are still struggling two […] The post Carrier agility is a vital skill in Personal Lines P&C appeared first on VeracityID.William Reeves
- Another data magic bullet backfires January 30, 2025Allstate is being sued by Texas over its attempt to use its app to monitor customer driving behavior. It always surprises me […] The post Another data magic bullet backfires appeared first on VeracityID.William Reeves
- Insurers need to channel their inner Santa December 20, 2024We all know the story: “He knows when you’re sleeping, he knows when you’re awake. He knows if you’ve been bad or […] The post Insurers need to channel their inner Santa appeared first on VeracityID.admin
- Expanding Horizons: How Continuous Risk Management Empowers Niche Carriers to Grow with Confidence December 5, 2024Small and mid-market commercial insurance carriers often specialize in niche markets, providing tailored coverage to specific industries or business segments. These carriers […] The post Expanding Horizons: How Continuous Risk Management Empowers Niche Carriers to Grow with Confidence appeared first on VeracityID.Keith Montague
- Which is Riskier? The (Fake) Bear in the Room November 26, 2024Insurance is full of surprises, but few are as wild as that story about the “bear” turning out to be a furry […] The post Which is Riskier? The (Fake) Bear in the Room appeared first on VeracityID.William Reeves
- The Domino Effect of Poor Risk Selection on Carrier Performance November 1, 2024Accurate risk selection is the heartbeat of profitability. According to Insurance Journal, for the second year in a row, the U.S. property […] The post The Domino Effect of Poor Risk Selection on Carrier Performance appeared first on VeracityID.William Reeves