X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
New property management technology, or "proptech," may provide a solution to mitigating emerging risks. It promises to help facilities and personnel prevent all kinds of problems or limit their scope. (iStock) New property management technology, or “proptech,” may provide a solution to mitigating emerging risks. It promises to help facilities and personnel prevent all kinds of problems or limit their scope. (iStock’

The decade ahead promises unprecedented environmental, health and social risks  —  piled on top of enduring everyday property operations risks. Property insurance rates are likely to rise as a result, perhaps precipitously.

The industry is already in the midst of a multi-year run-up in insurance rate increases that are eating away at profits, shredding pro formas and killing acquisition deals.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.