Investigating Your Home Renewal Book: A New Path to Profitability
Date: Tuesday, October 18, 2022
Time: 2pm EST | 11 am PST
[Also available for free, on-demand viewing for all registrants starting on 8/31/2022]
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Home loss ratios today are suffering due to rising costs and inaccurate property assessments. New challenges continue to arise, such as the record number of home-based businesses started in the last two years. Home insurers can find new paths to profitability by reviewing their renewal book.
While home insurers may be aware of these challenges, most underwriters don’t have the resources to investigate every property, or don’t know where to start looking for these risks. New tools and technology can help by detecting which properties have the highest likelihood of future claims, coverage gaps, or actionable inspection results. Once these properties are identified, carriers can use AI-guided, consumer-led inspection tools to investigate suspect properties without an in-person inspection. These approaches help limit time, cost and burden on your underwriting resources.
Join this complimentary webcast to take action to close coverage gaps and make renewal decisions on the policies that are driving business results. You’ll learn how to:
Identify current risks on your books with policy data
Investigate the priority list of properties using consumer-led inspection technology
Take action on those properties of highest concern
George Hosfield | Senior Director, Home Insurance | LexisNexis® Risk Solutions
George Hosfield is Senior Director, Home Insurance, at LexisNexis Risk Solutions. In this role, George manages all aspects of the Personal Lines Property Vertical, including overall strategy, profitable growth, new product development and partnerships. George has been with LexisNexis for more than 15 years, working in a variety of operational and strategic roles in both the Legal & Professional and Risk Solutions divisions. He holds a B.A. in English from the University of Virginia and an MBA from the University of Richmond, Robins School of Business.