This Technology Spotlight Edition of Insurance News Analysis delves into several interesting niche topics that are ready for new technology approaches. First, the upcoming switch to Blueprint Two has sparked a bit of debate about Bordeaux management. Discuss whether these legacy processes are highly dependent on Excel are necessary Reinvention Or do you really need something? A modernized underwriting platform.
Secondly, Third Party Litigation Funds (TPLF) has recently sparked some controversy by funding long-term lawsuits where investors are often unknown in court, private, and hopes to distribute claimants’ payments. There are many legal and ethical questions about this right now, but as carriers want quick and fair solutions for their customers, they focus on the technology that may come into play.
Finally, just in time for Earth Day, there’s news from the Insurance Technology Ecosystem ZestyAi Currently, we provide P&C carriers with finer quality risk data and analyses factors such as vegetation density, construction materials and weather patterns. Learn how carriers can use these new data sources and models to help prevent and mitigate risks.
https://www.youtube.com/watch?v=wiu_hmfxs6a
It was a joy to have my daughter McKenna stop by in the studio for this recording. I am extremely proud of her and the content she has created, and I am particularly proud of this post. My motherhood and insurance industry workstream has come to an end.
