The Importance of Good Underwriting

Posted by Ivan P. Maddox on Feb 20, 2018 3:59:54 PM

The past year was a tough one for US cat losses, especially wildfire and flood. Last week we explored just how bad it was, but also just how much opportunity does exist in the US protection gap. The secret to unlocking that opportunity, without undue overexposure, is crisp underwriting.

Read More

Topics: Insurance Protection Gap, Effective Underwriting, Perils

In Singapore at the SIRC

Posted by Ivan Maddox on Nov 1, 2017 8:16:43 AM


This week I’m attending the Singapore International Reinsurance Conference (SIRC), the largest Asian gathering of the reinsurance industry, including brokers and reinsurers, and the cedants who are their clients. The first thing I learned is that reinsurers are rejecting their recent labeling as “traditional reinsurers”, as new “alternative” capital moves into reinsurance. They now prefer to call themselves “professional reinsurers”. Sounds good!

Read More

Topics: Flood Insurance, Insurance Protection Gap, Effective Underwriting

Top Risks of Hazard Blogs from Q3

Posted by Ivan Maddox on Oct 3, 2017 3:52:56 PM

As ever, time is flying, and it’s almost the holiday season of 2017. The good news about fast moving calendars is that we can get to our latest Top 3 blogs from the summer.

Read More

Topics: Geocoding, Effective Underwriting, NFIP, Houston

Geocoding – Because You Have To

Posted by Ivan Maddox on Aug 8, 2017 1:03:26 PM

As risk assessments get better and better, the limiting factor on how well they work is almost always geocoding. A long time ago, we took a look at geocoding for underwriting, which discussed how important it is. Well, everything in early 2015 that was true and valid remains true and valid.

Read More

Topics: Insurance Underwriting, Effective Underwriting

What would an Underwriter Say If…?

Posted by Ivan Maddox on Aug 1, 2017 10:24:17 AM

What would an underwriter say if they heard that a monumental amount of unwritten premium was about to become available in a few months? This is something property underwriters are contemplating as the NFIP re-authorization approaches. But is that the right question?

Read More

Topics: Insurance Underwriting, Underwriting Profit, Effective Underwriting

The Risks of Hazard Blog   rss-feed

Welcome to The Risks of Hazard, brought to you by Intermap Technologies®. From the latest industry news and trends, to insight from thought leaders around the globe, stay tuned for a variety of content aimed at helping you better understand the role of location-based intelligence in the world of insurance underwriting and risk assessment.

To see how Intermap delivers analytics tailored to your underwriting, visit our InsitePro page.

Subscribe to the Risks of Hazard blog!