Innovations in science and the availability of storm data have led to a refined approach for assessing inland storm decay, building vulnerability, and storm surge. Insurers can utilize these innovations to prepare for the predicted “above-average” levels of activity ahead.
Are you afraid to travel? Just as vacation season begins, the media bombards with concerns about travel safety, with many worried that traveling in the U.S. will become more dangerous if al-Qaeda tries to retaliate for last month’s ambush and killing of Osama bin Laden.
A close review of the insureds operations and its off-premises exposures will no doubt identify areas that require attention and further protection, whether through insurance or some non-insurance risk management technique.
Nearly two-thirds of U.S. and Canadian consumers are planning to renew or purchase insurance products through an agent in the next 12 months, according to a survey from Accenture.
Greetings from the executive suite high atop the Manchester Grand Hyatt overlooking beautiful San Diego, home for the next few days of the ACORD LOMA Insurance Systems Forum. (Just think; we could have been in Orlando.)
Given that consumers have become intensively interconnected through social networking, insurers must become acutely aware of how the experience of one customer can be amplified—and can seriously impact the company’s image among a wider base of potential and existing customers, according to two PricewaterhouseCoopers experts.