As another year closes, insurance carriers face a familiar challenge: balancing renewal season, budget cycles, and forward-looking strategy while maintaining operational stability. With continued inflation in repair costs, evolving catastrophe risk, and tighter reinsurance conditions, year-end planning is more critical than ever. 1. Reevaluate Underwriting and Risk Appetite Multiperil portfolios have changed significantly over the […]

For decades, big-name core systems have powered the insurance industry. But as markets shift and technology accelerates, carriers are finding that these platforms, once considered cutting-edge, are now “new legacy” systems that carry heavy cost and complexity burdens. The True Price of Implementation While vendors often promote flexibility and modernization, full-suite deployments can cost millions […]

As climate-related flooding becomes more frequent and severe, insurers and reinsurers are exploring innovative ways to close the protection gap. One of the most promising developments is the rise of parametric flood insurance—policies that pay out based on predefined triggers rather than traditional claims assessments. In 2025, parametric models are gaining traction not only as […]