Creating efficiencies for underwriters is complex. No two underwriting offices function in the same way and no two underwriters process information in the same way. Building technology to create these productive efficiencies is not a technological challenge, but a design challenge. This is because there are just so many edge cases that if you simply … Read more
Vegetative fuel models are a vital component for wildfire stakeholders in understanding the frequency and severity of wildfire events. It is the fuel models which allow us to simulate events and study how a wildfire will behave under certain circumstances. Wildfire spread is highly correlated with the density of vegetation and the combustibility of that … Read more
Loss Runs have forever been and continue to be a mess. Underwriting requires them… Agents and brokers order them… They arrive at the underwriters, who look at them… And they are completely unstructured pdfs that have no standard date sets, no standard terminology. Every company is generating them in their own way and its up … Read more
So much work that is being done at insurance agencies is processing work. Collecting a check from a policyholder to beat a cancellation deadline (then having to call the payment in, get an envelope, address it, stamp it and put it into the outgoing mail) Getting quote options for a producer Sending a Certificate of … Read more
Internal water claims are the 2nd (or 3rd) largest source of aggregate loss that homeowners experience after catastrophic wind/hail. It is a significant source of frustration to property owners because losses can be caused by slow, undetectable leaks that over time create the mess. The mess gets even worse for multi-story structures where water can … Read more