Leveraging Relationships and Technology to Optimize Property Insurance Programs
“The traditional marketplace is embracing new analytic platforms that yield data and insights that we didn’t have even five years ago,” says Duncan Ellis, Marsh’s US Property leader. “Information is power and that helps us build and provide a more efficient product.”
Nearly 300 risk and insurance professionals attended this year’s Advisen Property Insights Conference, with representatives from the brokerage, underwriting, and risk management communities coming together to discuss the key property risks facing businesses today. From new technologies and analytic platforms that yield data and insights, to key industry relationships, to the infusion of new capacity through alternative capital, the property insurance market continues to evolve. And that’s challenging risk professionals to keep pace when it comes to optimizing their property insurance programs.
In the following video, Duncan recaps the key takeaways for risk professionals following this year’s conference.