Insurance Journal Podcast
Insurance Journal
Recent Episodes
Predictive and automation tools are empowering insurers to assess weather-related risks more accurately by integrating comprehensive data and preemptively managing potential claims. Global insurers can now assess total exposure by combining data across multiple business segments, such as offshore energy and specialty lines, for events like hurricanes. Watch this short clip with Elizabeth Blosfield’s interview with Doug Ross about these topics — to watch the full episode, click here!
#WeatherRisk #PredictiveAnalytics
The post How Predictive Analytics and Automation are Revolutionizing Weather Risk Management for Insurers appeared first on Insurance Journal TV.
In this update to our Between the Lines episode, “Elections, Unrest, and Insurance: A Global View,” Elizabeth Blosfield delves deeper into former President and presidential candidate Donald Trump’s assertion that auto insurance rates have increased by 73%. An expert weighs in on the accuracy of this figure and the various factors contributing to rising premiums. Ian Adams, executive director of the International Center for Law and Economics, shares his insights on whether political promises can truly influence state-regulated auto insurance rates. To watch the full episode and discover how global elections might impact the insurance industry, tune in now!
The post Breaking Down the 73% Auto Insurance Rate Claim: What’s Behind the Numbers and Presidential Candidates’ Promises? appeared first on Insurance Journal TV.
The cannabis industry has made significant strides in security, standardizing systems nationwide while dispelling concerns over crime and property values in communities.Watch this excerpt from the Insuring Cannabis Summit where Ed Allen of Story Cannabis talks with moderator Charles Pyfrom of CannGen about what he’s seeing in the industry. To watch the full panel, visit insuringcannabissummit.com today!
#CannabisSecurity #BusinessGrowth
The post How Evolving Security Measures are Shaping the Future of Cannabis Businesses appeared first on Insurance Journal TV.
The insurance industry is leveraging big data and real-time monitoring to automate risk assessment, driving more accurate predictions and risk mitigation strategies. Insurers are increasingly using GIS and hyperlocal data to enhance risk modeling for both residential and commercial properties. Real-time monitoring systems, such as electrical monitoring in commercial buildings, are generating vast datasets that feed predictive analytics. To listen to Elizabeth Blosfield’s full interview with Behzad Salehoun, click here!
#BigData #RiskAssessment
The post How Big Data and Advanced Analytics Are Transforming Risk Assessment in Insurance appeared first on Insurance Journal TV.
Retail agents are increasingly comfortable with surplus lines markets, overcoming misconceptions and effectively communicating coverage benefits to clients, boosting market strength — check out this interview from WSIA of Bill Gatewood, Burns and Wilcox as he talks with Insurance Journal’s Vice President of Content, Andrea Wells.
Main points of discussion:
- Dispelling Myths Around Surplus Lines: Retail agents once viewed surplus lines as offering poor coverage, but this perception has improved significantly, leading to higher confidence in selling these products.
- Importance of Education: Wholesalers add value by educating retail agents on coverage differences and exclusions, ensuring clear communication with clients to avoid claims-related surprises.
- Strengthening Client Relationships: As retail agents better understand surplus lines, they can confidently guide their clients, enhancing trust and contributing to the market’s overall growth.
#SurplusLines #InsuranceEducation
The post Retail Agents Embrace Surplus Lines, Leading to Stronger Client Relationships appeared first on Insurance Journal TV.