Crawford & Company’s Post

✈️ I’ll be in New York February 27th -29th, and I’m reaching out to get in touch with stakeholders in the insurance industry, already in the US flood insurance market or looking to go into the market.     🙋 Would love to meet if you’re looking to:    … Take advantage of new technology to tackle the increased challenges of flood claims    … Incorporate climate change, urbanization and sustainability in your insurance policy    … And your goal is to:   🔑 Price competitively  🌊 Ensure long term profitability  ☔️ Engage in prevention and risk reduction    Do you know the person I should meet, or are you that someone yourself? Get in touch! 👇🏼    #insurance #pricing #policy #flood #ai 

Property damage due to hail is at an all-time high, with insured losses over $20B annually. Geospatial analytics from aerial imagery and forensic weather data can unlock a deeper understanding of hail risk at the property level and provide new tools for segmenting risk. In this webcast, we'll explore a new approach that integrates imagery-based roof age with next-generation hail risk scores to improve carrier underwriting decisions and reduce losses. Sign up here: https://lnkd.in/eJzGXU9p #webinar #insurance #hail #roofage

In an era of rapidly changing environmental conditions, the #FloodInsurance industry is undergoing a remarkable transformation, making it crucial for insurance companies to respond to flood #claims quickly. 🌧️ The emergence of cutting-edge #technology has brought forth a wave of #innovation, revolutionizing how we approach flood insurance and manage the risks associated with it. From ensuring accurate #RiskAssessments to delivering enhanced customer experiences, #technology is enabling insurers to be more proactive and responsive in mitigating flood risks. Read our newest blog, written by #BrushClaims Chief Claims Officer Clay Rising, AIC, for more information on how technology is transforming the flood insurance industry: https://bit.ly/3Q8gNBA #Insurtech #BrushDoesItBest

Check out the latest interview, “Record storm losses sharpen focus on resilience,” with Mark Bove, Meteorologist and SVP, Natural Catastrophe Solutions, Munich Re US, and Kevin Johnson, CPCU, ARM, ARe, President of Insurance Programs, Munich Re Specialty 👉 https://lnkd.in/eChxeZtj #23TMPAASummit #NatCatRisk

Navigating the storms of the future - tinyurl.com/447f8hk2 In a rapidly changing world where natural forces are reshaping the landscape of risk, the insurance industry takes centre stage, confronting unique challenges and pioneering creative solutions. From earthquakes rattling the earth's foundations to severe storms sweeping across vast territories, insurers and intermediaries are charting new territories and adapting to unforeseen circumstances.

There's still time to register! Join us tomorrow at 2 PM EST for the AM Best “From Convective Storms to Flood: The Growing Impact of Secondary Insurance Perils” webinar sponsored by Munich Re US. The panel of insurance experts will share insights into the complexities of secondary perils and cover these key points: ✍️ Defining Secondary Insurance Perils 🔎 Identifying Secondary Perils 💥 Impact on Insurance Coverage 💡 Mitigation Strategies 📚 Lessons Learned Register now: https://ow.ly/tS4C50RatU6.. #SecondaryInsurancePerils #RiskManagement #Webinar

German insured natural catastrophe losses were slightly below average for the first half of this year at €1.9bn and the total for this year is expected to be below the average so long as no major storms or floods occur this autumn or winter, according to the German insurance association (GDV). More 👉https://ow.ly/IC7X50PGvwN #NaturalCatastrophes #GermanyInsurance #Catastrophes GDV Gesamtverband der Deutschen Versicherungswirtschaft e.V.

Imagine this - just an inch of water invading your home, seemingly harmless yet capable of causing a NIGHTMARE of financial damage, rocketing up to $25,000! Sounds shocking, right? It's proof positive of the unpredictable havoc floods can wreak on our lives and homes. That's exactly why I'm here to emphasize the undeniable value of having flood insurance. With Helix Insurance Group, safeguard your financial stability and peace of mind. Don't let floods wash away your hard-earned assets. Protect yourself with us. Ask for Jeanna Bumpas Jbumpas@helixinsurancegroup.com 832-527-8402

Did you know floods caused by rising surface waters require a special policy? Over the years, we've discovered some common client misconceptions about insurance coverage that could lead to unexpected challenges should a loss occur. In addition to the potential gaps in this video, see what else you may be overlooking here: https://bit.ly/3KQYYDn #AlliantPrivateClient #InsuranceInsights #RiskManagement

When evaluating risks and deciding coverage for buildings in coastal areas, insurance firms consider weather patterns as a crucial consideration. This is done in order to calculate the probability of weather-related events—like hurricanes, floods, and storms—that could seriously harm coastal properties🌀🌊🌪. Insurers can determine the possible risks and set suitable rates, deductibles, and coverage limits for policyholders in coastal locations by taking historical weather data, climate trends, and other meteorological information into account. This preserves the insurance company's financial stability while assisting in making sure that policyholders are suitably protected. 🏠💰 Learn more at http://premiumcashflow.com #passiveincome #timefreedom #realestate #investing #multifamily #premiumcashflow🏘💵