Content posted in August 2012
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8 Insurance Industry Impacts of Hurricane Andrew
Technology, regulation, construction and the P&C insurance industry itself all have changed since – and in some instances, because of – Hurricane Andrew, the category 5 storm that made landfall in south Florida on August 24, 1992. Here are eight ways that the catastrophe changed the way insurance companies do business.
The Key Technologies That Transformed Insurers’ Catastrophe Response Post-Hurricane Andrew
Geocoding, modeling, digitization, modern claims systems and dashboards are among the technologies that are helping insurers do a much better job of catastrophe forecasting, planning and response, 20 years after Hurricane Andrew caused more than $26 billion in damage.
5 Reasons Why Hurricane Andrew Still Matters
In the 20 years since Hurricane Andrew hit south Florida on August 24, 1992, there have been more damaging hurricanes and natural catastrophes, but no other event has had as much impact on the insurance industry. To kick off I&T’s special coverage of Hurricane Andrew’s 20th anniversary, here’s a look at the catastrophe and how it has changed the industry.
6 Tips for Avoiding a Social Media Debacle
Progressive's "robotweet" debacle put a spotlight on social media's importance within the insurance industry and the risk companies take if they do not implement a sound social media strategy.
8 Signs the Healthcare Debate Isn’t Dead
Opponents of the Affordable Care Act are finding a variety of ways to delay its implementation, including blocking and evading set up of the health insurance exchanges prescribed by the law. Insurance & Technology takes a closer look at the leaders in various states who have stated their own reasons for blocking these exchanges.
4 Ways Insurers Are Taking the Risk Out of Policy Admin Replacement
How can insurance companies mitigate the risk that comes with high-stakes policy administration replacement initiatives? Four insurers reveal their strategies to diminishing risk and optimizing the business impact of new systems.
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