If there’s one thing everyone is concerned about in insurance, it’s climate change.  Early pre-season forecasts for the 2022 Atlantic hurricane season from Colorado State University and Tropical Storm Risk show a slightly above average year, indicating an above average number of named storms, hurricanes and major hurricanes.  But while hurricanes can cause the largest loss totals in...

There are four major factors shaping today’s property and casualty (P&C) insurance industry: 1) increased risk from climate change, 2) increased competition from newer entrants, 3) time-intensive and costly manual processes, and 4) an explosion of data and imagery so vast that most don’t know how to take advantage of it.  The fusion of these pressures has resulted in the insurtech...

The Arturo team is excited to wrap up another year. Between raising $25 million in Series B, being honored in Inc. magazine’s 2021 Best in Business for Insurance, and growing our team exponentially with a number of phenomenal hires, we couldn’t be prouder of what we’ve accomplished this past year. But, it’s what we’ve achieved hand-in-hand with our clients and partners that makes us...

The COVID-19 pandemic behaved similarly to a natural disaster like a wildfire or hurricane. It created financial hardship, wreaked business and supply chain havoc, and even took lives.  In particular, social distancing measures and remote work drove demand for space upwards. Market values for single-family residences made double-digit year-over-year increases, and while wishful homeowners...

P&C insurance companies are relying on legacy workflows to manage risk in their portfolios, but new technologies like artificial intelligence and machine learning offer new ways to understand, diversify and respond to risk.