Caught between the Devil and the Deep Blue Sea
P&C Specialist has an important article about how State Farm is intensifying is aggressive auto insurance pricing strategy which has lost tens […]
When the workplace has no walls: Risk management must address the remote revolution
It’s getting harder to tell where work ends and risk begins. A recent article from PropertyCasualty360 outlines how the post-COVID work environment […]
State Farm finally turns the corner but faces a long-term problem
P&C Specialist highlights State Farm’s recent return to profitability, marking a positive shift during an exceptionally strong year for the industry. However, […]
Three AI Mistakes We See Insurance Carriers Making
Insurance carriers typically make three mistakes when implement AI
Fast Isn’t Always Smart: Why high speed Claims Tech puts the cart before the horse
Every few years, insurance circles back to the same promise like it’s breaking news:“Faster claims. Faster payments. Happier customers.” And every few […]
You can’t always price right
Weak risk selection forces carriers to be pricing prophets. P&C Specialist reports on the amazing range of personal auto loss ratios being […]
Auto insurance risks are changing rapidly; to survive, carriers must get far better at picking risks
In nature, the ones that survive aren’t the biggest or strongest. They’re the ones that adapt the fastest. And in an accelerating […]
The digital market is here, you need digital armor to compete
JD Power recently reported some surprising news: 47% of all auto policies are now transacted digitally, with another 17% through call centers. […]
Underwriting fraud isn’t hard to find and stop – if you’re prepared
Underwriting fraud isn’t subtle-it’s just that most carriers haven’t done the work to automate detection and elimination in the limited time available. […]
Insurers need to channel their inner Santa
We all know the story: “He knows when you’re sleeping, he knows when you’re awake. He knows if you’ve been bad or […]
Seamlessly Transforming Legacy Systems Without Major Overhaul
In today’s insurance industry, carriers face significant challenges due to outdated, cumbersome technology. As P&C Specialist highlights, even major players like Liberty […]
The Personal Lines Churn Crisis
The insurance industry is in the midst of a quiet crisis: according to PropertyCasualty360, customers are jumping ship at alarming rates. In auto […]
