The Friday Five: Week of January 6, 2020

If you care about what’s happening in the world of property and casualty (P&C), then this is the place to be. Each week, we serve up a bite-size roundup of the latest news, hot topics, and (admittedly subjective) tidbits to keep curious insurance professionals, like you, in-the-know.

Insurity acquires SpatialKey, Inc., a leader in P&C geospatial analytics

Insurity, Inc., a leading provider of cloud solutions and data analytics for the world’s largest insurers, brokers, and MGAs, today announced that it has completed the acquisition of SpatialKey, Inc. Along with Insurity’s 2017 acquisition of Valen Analytics, the SpatialKey transaction will broaden Insurity’s data and analytics offerings.

The Friday Five: Week of December 16, 2019

If you care about what’s happening in the world of property and casualty (P&C), then this is the place to be. Each week, we serve up a bite-size roundup of the latest news, hot topics, and (admittedly subjective) tidbits to keep curious insurance professionals, like you, in-the-know.

Our Top 12 of 2019: Bomb cyclone, wildfires, event response, open ecosystems & more

We're counting down our readers' favorite articles of 2019. Who can forget March's historic "bomb cyclone" winter storm that paralyzed parts of the U.S. and triggered massive flooding along the Missouri and Mississippi river basins? That storm resulted in an estimated $4 billion in insured losses. We covered that event and the importance of accurate flood data and maps in our Spring flooding worsened by record U.S. snowpack article. Likewise, wildfire risk continues to be a hot topic in P&C as insurers strive to get a handle on their wildfire exposures. October's wildfire outbreak in California once again reinforced the need for better wildfire solutions that can help insurers protect both their insureds and their portfolios in the face of this growing peril. Read about innovative wildfire solutions in our article Underwriting wildfire requires a more strategic approach

The Friday Five: Week of December 9, 2019

If you care about what’s happening in the world of property and casualty (P&C), then this is the place to be. Each week, we serve up a bite-size roundup of the latest news, hot topics, and (admittedly subjective) tidbits to keep curious insurance professionals, like you, in-the-know.

Boundary data: Understanding risk when there's no data

NASA's Terra satellite captured this image of hotspots and smoke from Australia's devastating bushfires. 

Data is everywhere in the P&C industry. And yet, in some cases, there’s still a lack of it. There are more data providers producing more footprints for a larger number of catastrophic events than ever before. Case in point, SpatialKey’s data team processed and made available more than 25 post-event footprints (not including multiple daily updates) from five different data providers over the cumulative eight days following hurricanes Florence and Michael. That’s a lot of data. On the other end of the spectrum, boundary data (perimeter data) can still be hard to find.

The Friday Five: Week of December 2, 2019

If you care about what’s happening in the world of property and casualty (P&C), then this is the place to be. Each week, we serve up a bite-size roundup of the latest news, hot topics, and (admittedly subjective) tidbits to keep curious insurance professionals, like you, in-the-know.

Q&A with Swiss Re, global reinsurer & multi-peril hazard data provider 

You may know Swiss Re as a leading global reinsurer and foremost authority on catastrophe risk. But, did you know Swiss Re's collaboration with SpatialKey directly integrates their CatNet® hazard data into SpatialKey's underwriting solution? This collaboration is helping underwriters make more informed decisions by putting access to global multi-peril hazard data at their fingertips. 

In this interview, we catch up with Peter Hausmann, Head of Nat Cat and Engineering Solutions at Swiss Re, where we talk about Cat models, climate change, how insurers can help close the protection gap, and more. This is a must-read interview for insurers underwriting natural catastrophe risks globally.

Pass the thanks: Nurturing an attitude of gratitude at work

“Feeling gratitude and not expressing it is like wrapping a present and not giving it.” William Arthur Ward

The holidays are a good time to stop and take stock of what we’re thankful for, both personally and professionally. The problem is, many of us just don't make time for thanks. “Gratitude” is the manifestation of thanks—or thanks in action. It’s such a powerful, simple thing, yet so seldom expressed, especially in the workplace. In fact, one survey found that people are less likely to express gratitude at work than anyplace else, with 74 percent never or rarely expressing gratitude to their boss.

The Friday Five: Week of November 18, 2019

If you care about what’s happening in the world of property and casualty (P&C), then this is the place to be. Each week, we serve up a bite-size roundup of the latest news, hot topics, and (admittedly subjective) tidbits to keep curious insurance professionals, like you, in-the-know.

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