Cloverleaf Analytics to offer AAIS Members end-to-end insurance intelligence solutions backed by decades of in-depth experience and best practices.

Our latest installment of the AAIS Webinar Series featuring AAIS Partner, reThought Flood, explored the innovative approaches to enhance flood insurance coverage and profitability while addressing the challenges faced by the market. Speakers highlighted the long-standing gap in flood protection and the urgent need for change, emphasizing the importance of education, mitigation, and accurate underwriting to make flood insurance sustainable and profitable. They also discussed how reThought Flood’s AI technology can more accurately predict risks. John Kadous, Vice President of Products at AAIS, led the discussion with Cory Isaacson, Chief Executive Officer of reThought Flood, and Derek Lynch, Chief Underwriting Officer of reThought Flood.

Stanley Parsons Insurance Services to offer AAIS Members access to comprehensive product development solutions that enhance speed to market and accelerate development processes.

This article builds on our previous blog on the Speed to Market (S2M) Toolkit, where we discussed how the road to implementation can be fraught with IT implementation challenges. These challenges do not revolve around your developers or programmers; they often stem from the complex requirements of a new or updated product, such as detailed forms, endorsement attributes, precise rating information, and accurate premium calculation steps.

Our latest installment of the AAIS Webinar Series featuring AAIS Partner, OneShield, covered how carriers can effectively leverage and transform core system data into actionable insights to strengthen business decisions and policy claims management. Speakers explored the valuable data types within core systems such as policy, claims, and customer interactions, techniques for extracting and processing this data, and real-world examples demonstrating the impact of these insights. They also discussed the shift from static reports to dynamic data visualization and offered tips for identifying key insights critical for various stakeholders, including underwriters and claims managers. John Kadous, Vice President of Products at AAIS, and John Dunn, Vice President of Sales at OneShield led the discussion with Travis Mayfield, Reporting Product Manager at OneShield.

Pinpoint Predictive to offer AAIS Members access to their revolutionary risk selection platform that goes beyond traditional variables.

As the adoption of solar panels in residential homes soars, insurance professionals face a growing challenge: adapting policies to cover this emerging technology. With nearly 3.2 million homes already equipped with solar panels and forecasts predicting significant growth, understanding the implications for homeowners insurance is crucial.

Artificial intelligence (AI) is revolutionizing the underwriting process, offering unprecedented opportunities for efficiency and accuracy in the insurance industry. In this interview with AAIS Partner, Cogitate, we explored how AI is promising a new era in data interpretation and utilization. Jacqueline Schaendorf, CPCU, Co-Founder of Cogitate and President and CEO of Insurance House, discussed the potential of predictive modeling in underwriting and claims processes, significant data challenges faced by carriers, and innovative solutions offered by Cogitate.

The connection between home inspections and securing reinsurance is crucial for insurance carriers. In this interview with AAIS Partner, Chrp Technologies, we delve into the pivotal role of maintaining a high-quality book of business for insurers seeking reinsurance. Micah Kalisch, Founder and CEO of Chrp Technologies, elucidates how adhering to inspection protocols aligned with stringent underwriting standards not only safeguards insurers against potential risks, but also enhances their appeal to reinsurers. He also discusses how Chrp can support underwriters throughout this process.

Generative Artificial Intelligence (GenAI) is revolutionizing industries with its ability to understand, synthesize, and create language-based content. In this interview with AAIS Partner, BluePond.AI, we explored how this leap forward is particularly impactful in the insurance sector, where manual processes and complex documentation are prevalent. Hear from Pranav Pasricha, CEO of BluePond.AI, to learn what GenAI is, its transformative applications within the insurance industry, the challenges of adopting this technology, and how carriers can effectively navigate these obstacles to harness GenAI's full potential.