RiskHeads | Rewriting the Insurance Industry.

Climate change and insurance risk BBC

by Adam BishopDecember 1, 2009

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

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The human brain thumb post – musings on insurance software rule engines

by Adam BishopNovember 2, 2009

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 hour [...]

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Why you must never add resource to a late software project

by Adam BishopOctober 15, 2009

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 help [...]

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What is the difference between a broker and an insurer?

by Adam BishopOctober 11, 2009

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 Insurance. [...]

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IIHS Crash Test between a 1959 Chevrolet Bel Air into a 2009 Chevrolet Malibu? Who wins?

by Adam BishopOctober 3, 2009

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 for [...]

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MORE THAN Living teach insurance fraudsters how to crash properly

by Adam BishopOctober 2, 2009

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.

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Insurance for Astronauts

by Adam BishopSeptember 12, 2009

Risk in Space.
Popular Mechanics has an interesting article on the subject of NASA and risk aversion. It seems that pushing the limits of human endeavour might be at odds with preservation of life. Finding new frontiers, it seems, is a bit risky.
Well you could have blown me down with a feather.
Aerospace pioneer Burt Rutan bluntly [...]

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Web based insurance software is the future

by Adam BishopSeptember 6, 2009

Do you think that web based insurance software is the best thing since sliced bread? Is it the right fit for the insurance industry?
I would say so, but then I’ve always been a fan of web based, ever since Yahoo Mail (1998?). In any case the advantages are well known…

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Economic crisis for insurance brokers over

by Adam BishopAugust 27, 2009

Insurance Times have a number of positive stories to tell this week.

Amidst the usual job cuts by Lloyds and more AIG doom and gloom, there are a number of more positive movements beginning to appear on the radar.

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The insurance software platform you were waiting for.

by Adam BishopAugust 10, 2009

After many, many months of hard work, love, sweat, pain and great code(!), we’re pleased to unveil the new SchemeServe, version 4.4.
There are over 100 new features and improvements to look forward to in this release, and a list of the main features is here. The most important new ones include:
Split Risk Rating Matrices now [...]

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