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Triple-I Brief Highlights Wildfire Risk Complexity

Triple-I: Homeowners Insurance

Wildfire risk is strongly conditioned by geographic considerations that vary widely among and within states. California accounted for the largest number of homes at risk for extreme wildfires. This underscores the importance of granular data gathering and scrupulous analysis when underwriting and pricing insurance.

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2025 Insurance Industry Trends Highlight New Players and New Solutions

Majesco

And all of this is happening at the same time that the world of risk and customer needs is changing. I invited three of today’s most respected InsurTech experts to join me in weighing in on what is trending in insurance for 2025, answering some of our questions about the changes that will matter most to insurers.

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How AI is Changing the Insurance Industry’s Reputation

Zywave

Zywave Chief Technology Officer Doug Marquis Greater transparency increases consumer trust Much has been written about the potential of artificial intelligence to revolutionize the insurance industry but little has been mentioned about a vital element of our sector: consumer trust.

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Business Owner’s Policy (BOP) for Restaurants: Protection from Prep to Plate

Distinguished

Q: What are the ineligible risk characteristics? Q: Will you consider a risk where food is cooked at one location and sold at another? More details would be required to underwrite. A: Yes, subject to individual risk underwriting. More robust catering exposures are considered in our Restaurant Package program.

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The Rise of Risk Resiliency and Climate Tech

Majesco

While humankind is not being challenged by machines, we are challenged with the changing risk, in particular climate risk. NAMIC, Moodys, The Institutes, insurers, reinsurers and other industry leaders are all talking about a new era of risk and the need to predict and prevent risk, creating risk resiliency.

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Data Granularity Keyto Finding Less Risky Parcels in Wildfire Areas

Triple-I: Homeowners Insurance

As high-severity natural catastrophes wildfires, floods, hurricanes, and others become more frequent and more people move into riskier locales, insurance affordability and availability have become a challenge in many states. Every property being assessed for wildfire risk is unique, the report says.

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What Artificial Intelligence in Cyber Security Means for Brokers

ProWriters

On the other hand, its becoming a powerful tool for insurers, helping to assess risk, detect fraud, and streamline claims. So, where does this leave Cyber Insurance brokers? Lets break down how artificial intelligence in cyber security is redefining riskand what that means for the industry. Heres how: 1. Not anytime soon.