Latest Posts
Labor costs driving construction cost increases
The cost of construction has been rising more in the last few years for both materials and labor. However, of the two, the cost of labor has been rising faster than the cost of building materials in some areas of the country.
Rebuilding to higher standards after disasters
After a disaster, there are advantages to rebuilding to higher standards that might decrease the likelihood of a repeat of the damage caused by the disaster, whether it was a wildfire, flooding, hurricane or another event. However, municipalities are often reluctant to implement new building codes that might impose additional costs and delays on homeowners who have lost their home.
Technology’s present and future: An InsurTECH Interview
In this Intelligent InsurTECH Europe 2018 interview, Todd Rissel, chief executive officer of e2Value, provides insights into the current and future state of technology.
High quality data is the key
Accurate data about properties’ locations, construction type, fire-resistance and replacement cost, along with other detailed data, is necessary to provide a complete picture of risk for insurers and reinsurers. The ability to quickly access and transmit this data...
Support United Policyholders Roadmap to Recoverytm Services
Here is a message from our friends at United Policyholders requesting your help to send staff and volunteers to Paradise and Ventura to help in the wake of the wildfires. From United Policyholders: Help us be there for Camp and Woolsey Fire Survivors in their time of...
Structure characteristics help identify exposure risk of properties
Filtering characteristics through the e2Value process can help insurers more accurately identify the exposure risk of properties to losses and better align the premium with the risk.
Myth or Reality: Construction prices spike after a disaster
Current construction activity is already putting stress on the availability of materials and labor before catastrophes occur and these events do impact prices. However, it is not a large spike that occurs immediately. Price increases are a more gradual process as the area cleans up and prepares for rebuilding.
Intelligent InsurTECH Europe Speaker
Todd Rissel, chief executive officer, e2Value, will be speaking at Intelligent InsurTECH Europe, October 15, in London. At the event they will be discussing how to leverage emerging technologies like AI, IoT and Blockchain, to drive operational efficiency and...
Modular and manufactured homes provide alternative housing options
As the availability of skilled construction labor continues to be constricted, builders have been looking at other options to reduce the need for this labor. Now manufactured, modular, kit, panelized, tiny homes and other construction types can help with the shortages...
The best time to review a homeowners policy is now
Certainly, an annual check of one’s homeowners insurance policy is always a good idea, and after last year’s record-setting destruction and this year’s bad news, it seems more important for property owners to check sooner rather than later.
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