2024 Webinar - 1.5 Million Fires: Never-seen-before Insights for Residential and Commercial Property Insurers - October 3
Even a single unexpected fire can cost millions and significantly impact the profitability of a property book. That’s why we have analyzed 1.5 million fires, reported by 82% of fire departments across the U.S. to tell you some useful insights that probably don’t already know. Because even if you’re a large carrier, you don’t have 1.5 million fire claims.
Join this webinar to find out things like (1) what's the likelihood of having another fire at the same address if there was a fire last year? (2) The number of commercial fires showed a dip during COVID, but which ones have rebounded and which have stayed low? (3) How much does a sprinkler help the fire spread in a parking garage? How about a hotel? .....And many more insights!
Learning Objectives:
- Gain insights on commercial and residential fires that will help make more informed decisions when creating pricing and risk selection models.
- Apply insights learned to make make more informed decisions when doing portfolio analysis.
- Demonstrate more informed decisions when doing claims models and analytics based on insights learned.
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