The BBC have an interesting article describing how technology has once more made the previously uninsurable, insurable. I quote: “A new insurance scheme has been launched in northern Kenya which offers herdsmen a chance to protect their livestock against drought.” Click here to view the full article: http://news.bbc.co.uk/2/hi/africa/8475548.stm Google Maps used to make the uninsurable…
What is Combined Ratio? What is Combined Ratio used for? Example of how to calculate Combined Ratio… How the experts make Combined Ratio work tor them Common mistakes and how to avoid them What is Combined Ratio? Combined Ratio is a measure of performance used by underwriters/insurance companies. What is Combined Ratio used for? Combined…
The BBC have an interesting article on climate change and insurance risk, re-insurers, Munich Re etc. “insurance companies … have been counting the cost of extreme weather for decades”. Click here to view the video: http://news.bbc.co.uk/2/hi/programmes/newsnight/8388421.stm If only people had been listening to us 🙂
The human brain is a marvellous thing. I’ve been typing a lot today, so much so that my thumb has started to hurt. So I’ll keep this short. What amazes me is that I was able to think ‘OK, so I’ll just stop using my right thumb’ and I then continued typing for the next…
Never add resource to a late software project… Many of those new to insurance software development assume that adding programmers to a late project is the right thing to do in order to finish as quickly as possible. WRONG! This is almost always the absolute worst thing you can do. It will not only not…
According to Brian Duperreault during his speech at the Rendez-Vous de Septembre reinsurance meeting in Monte Carlo: “It’s instant gratification. When you bind a big piece of business, as a broker you celebrate. As a carrier, you don’t know whether to laugh or cry.” 🙂 Thanks to Regis Coccia for the original post over at Business…
The Insurance Institute for Highway Safety crashed a 1959 Chevrolet Bel Air into a 2009 Chevrolet Malibu to ‘celebrate’ their 50th Anniversary. Must have been some party. I wonder whether they planned it or someone had too much fizzy pop. The original video posted to YouTube was here but seems to have been taken down…
MORE THAN Living have a video on YouTube showing the most common crashes that insurance fraudsters stage to make fraudulent motor claims. It’s done Postman Pat style, though without any style. Might be useful though.
