Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. Additionally, even if insurance is provided, policies may come with exclusions that specifically limit coverage for risks related to unresolved violations. Katie is based in Rhode Island.

Building 59

Building Damage Insurance Broker Underwriter 59

Distinguished

MARCH 20, 2025

Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. Brokers also help interpret legal precedents and case law, including issues of negligence, duty to maintain clauses, and the concealment or misrepresentation clauses found in insurance policies.

Broker 52

Broker License Insurance Broker Risk 52

Triple-I: Business Insurance

JUNE 8, 2022

With this in mind, 73 percent of policyholders said they consider climate change one of their primary concerns, compared with 40 percent of insurers. With this in mind, 73 percent of policyholders said they consider climate change one of their primary concerns, compared with 40 percent of insurers.

Policyholder 40

Policyholder Risk Underwriter Underwriting 40

Distinguished

MARCH 19, 2025

Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. Brokers also help interpret legal precedents and case law, including issues of negligence, duty to maintain clauses, and the concealment or misrepresentation clauses found in insurance policies.

Building 52

Building Broker Damage Insurance Broker 52

Distinguished

MARCH 17, 2025

With infractions ranging from heating failures to illegal conversions, understanding these issues is essential for assessing risk and underwriting policies. These cases often focus on whether an insurer is required to cover damages when a policyholder has violated housing codes or other regulations.

Broker 52

Broker Insurance Broker Building Underwriter 52

ProWriters

FEBRUARY 7, 2025

For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies. AI-driven advancements in malicious tactics mean brokers must account for evolving risks in the underwriting process. By reducing false positives, it helps insurers assess actual risk exposure.

Cyber 53

Cyber Broker-Agent Broker Liability 53

American Agents Alliance

MARCH 3, 2025

New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry. Chatbots and other types of automated interactions with policyholders could create errors. The potential exists for bias in AI to affect pricing and underwriting.

Broker-Agent 52

Broker-Agent Broker Agents Risk 52

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. This innovative approach combines big data, machine learning, and advanced statistical techniques to forecast which policyholders are likely to discontinue their coverage. However, the landscape has shifted dramatically.

Risk 59

Risk Policyholder Insurance Insurer 59

Distinguished

MARCH 21, 2025

Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. These cases often focus on whether an insurer is required to cover damages when a policyholder has violated housing codes or other regulations. Insurance brokers are pivotal in this arena. Katie is based in Rhode Island.

Building 52

Building Insurance Broker Broker Damage 52

Protect Commercial Insurance

OCTOBER 4, 2024

They can be set by central banks and are influenced by several factors, including inflation, economic growth, and monetary policy decisions. Sometimes, changes in global financial markets or government policies can also be catalysts for rate hikes. Definition and Causes Interest rates are, essentially, the cost of borrowing money.

Property Insurance 52

Property Insurance Out-Of-Pocket Premium Insurance 52

Paragon Independent Insurance Agencies

JUNE 14, 2024

Filing a commercial claim is a complex and daunting process, especially for business owners unfamiliar with the ins and outs of insurance policies. If the policyholder makes mistakes during the claims process, it can lead to delays, denials, or underpayment of claims, which can significantly impact a business’s financial stability.

Commercial Insurance 40

Commercial Insurance Commercial Insurance Claim Claim 40

American Agents Alliance

DECEMBER 8, 2024

Driven by rapid advancements in technology, shifting risks, and increasing policyholder expectations, the industry will likely have different products and services by the time 2025 draws to a close. Innovative digital tools can streamline underwriting while improving efficiency for insurers and agents.

Broker-Agent 40

Broker-Agent Agents Broker Risk 40

American Agents Alliance

JULY 5, 2024

Improve underwriting accuracy using data. Predictive analytics can help improve the accuracy of risk assessments during underwriting. This can help agents make better recommendations for policies and coverage since they have analyzed the data to find gaps in the current plan. Analyze performance data of the agency frequently.

Risk 40

Risk Broker-Agent Agents Policyholder 40

American Agents Alliance

NOVEMBER 15, 2024

Collaborative partnerships with carriers improve service for policyholders, enhance an agency’s growth potential, and provide learning opportunities for agents. Offer feedback from policyholders and constructive thoughts when interacting with carrier partners. Every relationship is enhanced by clear, open communication.

Building 40

Building Agents Broker-Agent Policyholder 40

Majesco

FEBRUARY 15, 2024

Turnarounds of weeks or days to evaluate, quote, and bind policies are simply not acceptable in today’s hyper-competitive market. Carriers must balance speed and accuracy to deliver precise risk evaluation, with the expectation and result of comprehensive and fair premium pricing for both the insurer and its policyholders. Let’s

Policyholder 40

Policyholder Broker-Agent Risk Broker 40

InsuredMine

MAY 20, 2024

This model works well when risk is predictable and spread across a large number of policyholders. Therefore, traditional policies typically offer little flexibility in terms of coverage duration and scope. Policies can be activated and deactivated in real-time via mobile apps, providing flexibility that aligns with modern lifestyles.

Insurance 52

Insurance Insurer Insured Premium 52

Property Insurance Centre

JANUARY 4, 2024

” In response to rising property losses, insurance companies have adjusted their underwriting guidelines, resulting in higher premiums and limited coverage for properties located in high-risk areas. Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Protect Commercial Insurance

DECEMBER 6, 2024

These informal agreements gradually evolved into structured policies, providing a safety net for traders and setting the groundwork for todays complex insurance systems. Theyre poised to offer bespoke policies covering everything from pollution liability to clean-up costs.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Insurer 52

Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. Additionally, even if insurance is provided, policies may come with exclusions that specifically limit coverage for risks related to unresolved violations. Katie is based in Rhode Island.

Building 52

Building Damage Insurance Broker Underwriter 52

Property Insurance Centre

NOVEMBER 11, 2024

In other cases, it will be due to underwriting appetite of insurers and their ever changing attitudes to risk. Unfortunately, customers are more often than not caught in the middle, and end up having to fork out more money to pay for policies or settle for lesser cover. It can be an extremely nuanced subject & question.

Insurance 52

Insurance Insurer Insured Premium 52

Majesco

APRIL 25, 2024

Policy management flows smoothly from shortstop (underwriting) to second base (billing) to first base (customer service). When a policyholder feels heard, when a claim is resolved swiftly, when premiums align with value—those are the grand slams insurers aim for. The ball never hits the dirt.

Premium 40

Premium Underwriter Underwriting Claim 40

Scott Insurance

APRIL 21, 2020

Material Change in Risk Manufacturers & Distributors should prepare for the possibility of increased underwriting scrutiny. Proper Disclosure to Your Insurance Provider Insurance policies outline terms and conditions of coverage, including what responsibilities the policyholder must comply with in order to maintain coverage.

Risk 40

Risk Liability Underwriter Underwriting 40

Majesco

JUNE 13, 2024

Can actuaries, underwriters, and business leaders get back on top and win the combined ratio game? It is helping insurers avoid costly risks, coaching policyholders to make sensible changes and it is dramatically improving the claims process. The world and the economy have handed insurers a tough equation.

Risk 40

Risk Underwriter Underwriting Insurance 40

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Opaque, ill-defined language empowers predatory “ billboard attorneys ” to define these terms themselves, contributing to pervasive policyholder distrust, said Jeff Sauls, Farmers Insurance head of legislative affairs. Clear communication is key, the participants agreed. Preventing adversaries to the U.S.

Out-Of-Pocket 64

Out-Of-Pocket Broker-Agent Premium Claim 64

Distinguished

NOVEMBER 7, 2024

The surety’s role is complex, as it must diligently assess the risks associated with underwriting bonds. Insurance Products: Insurance transfers risk from the insured (policyholder) to the insurer (insurance company). If the claim falls within the coverage scope, the insurer compensates the insured directly for the loss.

Claim 52

Claim Compensation Risk Broker-Agent 52

Insurance Journal

MARCH 25, 2025

Policy discussions on the use of artificial intelligence in insurance are “unfounded” and “detrimental to policyholders,” according to a analysis from the National Association of Mutual Insurance Companies. The use of AI in insurance underwriting and rate making has led …

Underwriting 213

Underwriting Underwriter Policyholder Insurance Companies 213

Cowbell

APRIL 3, 2025

Here at Cowbell, we remain committed to helping policyholders, agents, and brokers gain a comprehensive view of riskinside and out. This expansion means that Cowbell policyholders now have more opportunities to refine their Cowbell Factors (our proprietary risk ratings) and potentially qualify for reduced premiums.

Cyber 52

Cyber Policyholder Broker-Agent Risk 52

Triple-I: Business Insurance

APRIL 18, 2025

Analysts and economists, predict these price hikes will lead to higher claim payouts for P&C insurers and, ultimately, higher premiums for policyholders. The timing and scope of President Trumps tariff policies have been challenging to nail down, including for many goods particularly relevant to construction and auto manufacturing.

Insurance 52

Insurance Insurer Insured Policyholder 52