It’s springtime in the northern hemisphere which calls upon us all to embark upon a longstanding, sometimes dreaded tradition: spring cleaning. This, of course, brings up the common objection: why should I clean _______ if it’s only going to get dirty again? Because even Marie Kondo gets tired of it sometimes. For a home, cleaning is more than just a way to maintain tidiness; it also...

If there’s one thing everyone is concerned about in insurance, it’s climate change. Perhaps you’ve heard of it? Pre-season forecasts for the 2023 Atlantic hurricane season from Colorado State University show a slightly below-average year, indicating a generally average number of named storms, hurricanes and major hurricanes. 2023 is also shaping up to be an El Niño year, indicating a...

Part 4 of Accuracy, Efficiency, and Automation: How AI is Improving Workflows in Property Insurance Claims According to Gartner, the first step in implementing AI-based technologies is partnering with an external AI provider.  By leaning into each other’s respective strengths, you can focus on specializing in the decisions that make up insurance, while your AI partner can focus on...

Part 3 of Accuracy, Efficiency, and Automation: How AI is Improving Workflows in Property Insurance Claims   Regardless of industry, chances are, you’ve heard of artificial intelligence — otherwise known as AI — by now, and the concept tends to spark the imagination, conjuring images of robots and neon holograms of brains and data points.  In reality, the concept of AI is...

Part 2: Accuracy, Efficiency, and Automation: How AI is Improving Workflows in Property Insurance Claims Everywhere, insurance executives are recognizing the value of data in their policy continuum to help them decide with intelligence. A 2022 survey conducted by CoreLogic of executives in property and casualty insurance showed an overwhelming majority — 90% — had agreed that data-driven...