AM Best Says Losses from California Storms Largely Uninsured, Underinsured

The Connected Podcast - Insurance Ecosystem News & Events The Connected Podcast: Insurance Ecosystem News & Events Welcome to the latest installment of The Connected Podcast, where we explore the ever-evolving landscape of the insurance industry! This episode is a deep dive into the currents of change and the latest developments shaking up the insurance world.   This week, we address the alarming stats on flood insurance in California, touch upon the plateauing EV market, and discuss the growing demand for parametric insurance solutions. As companies and customers alike seek more agile and responsive coverage options, the industry turns to InsurTech partnerships and innovative strategies to meet these demands.   Hear experts like Mike Levins and Jerry Theodorou highlight the inefficiencies of the current claims management systems and the staggering impact of insurance fraud. Discover Augment Risk’s latest strides in parametric re/insurance products and how traditional companies are navigating the tides of modern risk management.   Don’t miss our segment on the tech transformation of the insurance sector, providing new opportunities for tech-savvy professionals. With insights from Douglas Dell and Maroun Mourad, learn how generative AI is reshaping the role of claims professionals and creating unprecedented efficiencies.   In our spotlight on industry movers and shakers, we celebrate Ryze Claim Solutions’ latest recapitalization and expansion, inspired by the leadership of Tony Grippa and Scott St. John. We also share the inspiring journey of military veteran Kobi Bendelak in the insurtech startup arena.   Anticipate our preview of the upcoming insurtech event in Columbus, Ohio, and get an inside track on Israeli startups’ cutting-edge contributions to the industry.   Finally, we're announcing the trial run of our “Connected” newsletter’s audio version now on Apple Podcasts and Spotify. Your feedback to Alan Demers is not just welcome, but essential for us to advance and refine our reach.   Join us as we discuss these pivotal updates and more on The Connected Podcast—your hub for insurance ecosystem insights and trends! Links:AM Best Says Losses from California Storms Largely Uninsured, UnderinsuredPeople want to buy EVs. Why are electric car sales so sluggish? :Challenges in electric vehicle repairs and insuranceDemand for parametric solutions to increase in 2024: Aon A Shifting Insurance Market Requires Shifting Priorities in 2024 Insurance Fraud on the MarchParametric reinsurance a “beacon” in a challenging market: Augment RiskInsurance claims – a gateway to tech-driven careers Verisk Introduces Generative AI Tool to Expedite Insurance Claim Processing Ryze Claim Solutions Partners with Bain Capital Insurance to Support Continued Organic Growth and Launch Strategic Acquisition InitiativeLEADERSHIP SPOTLIGHT: Kobi Bendelak, CEO and Founder of InsurTech Israel Discover the Future of Insurtech coming from Israel Tickets, Tue, Mar 5, 2024 a