What’s in a Name when you’re a Hurricane?

blog-image_2015-06-22June marks the official start of the hurricane season forecasted to be below average.

At this moment, Tropical Storm Bill is approaching the Texas coast with winds at 60 mph with higher gusts, says the National Weather Service. Bill’s tempting the fates with the threat of heavy rainfall up to 8-inches and possible amounts up to 12 inches in places. Bill is purported to cause widespread flash flooding through midweek across Texas and 4 other states: Oklahoma, Arkansas, Missouri and Illinois.

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PLRB 2015 Claims Conference Recap

blog-image_2015-03-06What a conference!  This year’s PLRB Claims Conference in Anaheim was rife with activity.  Our Enservio team manning the booth was non-stop showing our new ContentsExpress Mobile App, ContentsAnalyzer Fraud detection solution, as well as the latest release of our Contents Management Solution, ContentsExpress.

Monday evening commenced with a Patio Party at Ruth’s Chris Steak House where 100+ shared ContentsExpress Cosmo’s, great food, and great company!

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Winter’s Uninvited Guests

blog-image_2014-11-11It’s that time of year!  The upper Midwest has been blasted with heavy snow, freezing temperatures, and howling winds, by Astro, the first named winter storm of the 2014-2015 season.  According to the Weather Channel, “The highest snowfall totals so far were in the towns of St. Augusta and Cambridge, where at least 16.5 inches of snow were recorded. St. Cloud saw at least 13 inches, making Monday the snowiest day there in 49 years.”  And if by chance you missed it, back in October, the Farmer’s Almanac shared their prediction that “the winter of 2014–15 will see below-normal temperatures for about three-quarters of the nation,” as well as “copious amounts of snow and rain for the eastern third of the country.”

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How Much is that Card in the Window?

tradingcardblogAs the 2014 football season kicks off, collectors around the world are actively trading Seattle Seahawk quarterback Russell Wilson logo patches cards, jerseys and other related memos. The unlikely Super Bowl champions hammered a crushing defeat to the favored Denver Broncos, 43 to 8. It was the largest point differential in 21 years. When it comes to sports, numbers matter. Where would sports be without its love affair with statistics? Continue reading

How Insurers Can Gain Long-Term Revenue from Long-Term Renters

Most research indicates that people who came of age in the 2000s are primarily renters and will not own property until well into their late 30s. Demographic and economic trends support this assertion. Insurers battling with finding creative ways to sell policies to Millennials — those aged 23 to 35 and sometimes called Generation Y — may need to think differently.

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Contents Coverage: The Flaw of Averages

When you think about how often we use averages in important business decisions in our industry it’s a bit scary. Imagine building a home in Florida, assuming it needs to withstand only average weather conditions? Accounting for variability is usually critical to accurate decision making, but, it requires more data and more work to extrapolate the key insights. That’s what “big data” is all about.

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Enhancing the Experience: How Carriers are Changing Contents Inventory Creation for Policyholders

Our recent Product Advisory Group session prompted a lively debate from our carrier customers on the best way to incent policyholders to create their own contents inventory – and preferably pre-loss.

While most of our customers utilize a variety of online tools to help their insureds recreate inventories in both pre- and post-loss scenarios, the usage has been light, with adoption slower than anticipated. Despite warnings to video your home and contents, and lodge the video in a safe deposit box, or to store footage in the cloud, it’s human nature to ignore this step, thinking it won’t happen to you. (Full disclosure – I have not taken this step myself although in writing this, I’m hoping to shame myself into completing my own contents inventory this coming weekend). Continue reading