Write and renew policies with better wildfire risk scores In order to write smarter business in wildfire-prone states, insurers need to understand the complicated risk factors associated with the ignition and spread of major fires. Six of the top 10 most...
Why insurance carriers need better disaster response plans As climate change continues to affect weather patterns across the country, catastrophic natural disasters are becoming more frequent and costly than ever. Catastrophe response plans (CRPs) are one important...
Five key insights from our 2019 insurance claims QA survey Dozens of the top 100 insurance carriers use teamthink software to manage sophisticated QA programs involving thousands of handlers, managers and auditors. But at small, regional and specialty...
Can you enhance employee performance using audit software? Quality assurance (QA) is an essential part of the organizational workflow for many insurance companies. Insurance QA allows carriers to ensure their teams are adhering to industry regulations and company...
A new flood risk scoring tool to help insurers accurately price P&C policies Floods are among the nation’s most destructive natural disasters for insurance carriers. Despite advances in flood mitigation techniques, floods are responsible for approximately $8...
Do you have tools to objectively evaluate your outside vendors? It’s common for insurers and risk managers to outsource part of the claims process to outside vendors and contractors. Because of that, carriers should have clear processes in place to evaluate the...
