Resilience Ratings is a tool that helps quantify the impact of the insurance protection gap on the speed of economic recovery after extreme weather events and prioritize preemptive risk-mitigation strategies. You can view the resilience ratings’ interactive map here.
Insuretech Connect – the world’s largest gathering of insurance leaders and innovators – last week brought together insurance technology stakeholders to network, share insights, and learn about leading-edge technology across all insurance lines. Triple-I CEO Sean Kevelighan moderated the panel Climate Risk and Resilience which focused on the importance of Insurtech and innovation to the success and sustainability of the industry.
SUBROGATION- The legal process by which an insurance company, after paying a loss, seeks to recover the amount of the loss from another party who is legally liable for it.
MULTIPLE PERIL POLICY- A package policy, such as a homeowners or business insurance policy, that provides coverage against several different perils. It also refers to the combination of property and liability coverage in one policy. In the early days of insurance, coverages for property damage and liability were purchased separately.See Full Glossary
For immediate release Contact: Janet Ruiz, Insurance Information Institute (Triple-I), 707-490-9365, email@example.com HIDDEN VALLEY LAKE, Calif., Oct. 19, 2021—Conducted annually on the third Thursday of October, International ShakeOut Day is being held this year on Thursday, Oct. Read More
For immediate release New York Press Office: Michael Barry, 917-923-8245, firstname.lastname@example.org NEW YORK, Oct. 18, 2021—Five senior executives will convene on Thursday, Dec. Read More