Predict & Prevent

In an era where gun violence continues to plague American society, how one innovative technology company is stepping up to address this persistent challenge is the focus of “AI on Guard: Stopping Gun Violence Before It Starts,” the latest episode of the Predict & Prevent podcast from The Institutes. Host Peter Miller, CEO of The Institutes, talks with Timothy Fallon, VP of Strategic Initiatives at ZeroEyes, on how artificial intelligence and human verification are being combined to create proactive solutions for gun violence prevention. Fallon explains the operational process of detection, verification, and alerting relevant authorities, emphasizing the importance of a "human in the loop" in assessing threats. He also talks about alignment with the mission of insurance, and exploring partnerships with the industry. Listen now: https://lnkd.in/gWuT3wKq #riskmanagement #gunviolence #schoolsafety #computervision

The insurance industry faces growing challenges from #wildfires, but a new wave of technology-driven solutions offers hope. The latest episode of the "Predict & Prevent" podcast by The Institutes delves into this critical topic and how #firetech companies are addressing it. Host Peter Miller, CEO of The Institutes, speaks with Bill Clerico, founder of Convective Capital, about how firetech startups and entrepreneurs are making a difference in improving community resilience, mitigating risk and enabling a safer and faster response to fires. To be effective, though, requires greater collaboration among all stakeholders, including insurers. “There's just so much interconnection between, you know, that transmission line that starts the fire, the government agencies that try to intervene, the community located nearby, the recovery effort. The problem itself is really intertwined,” Clerico said. Listen to the full episode here, or wherever you get your podcasts: https://lnkd.in/gM2ZEKmg

Are insurers missing out on a billion-dollar opportunity in wildfire risk mitigation? As wildfires continue to pose significant challenges for the insurance industry, innovative technologies are emerging to address this growing threat. The latest episode of the "Predict & Prevent" podcast, presented by The Institutes, explores how firetech startups are revolutionizing wildfire risk management. Host Peter Miller, CEO of The Institutes, interviews Bill Clerico, founder of Convective Capital, who shares a compelling insight: insurers could drive substantial ROI by funding pilot programs to evaluate the effectiveness of various risk mitigation technologies. Clerico suggests that insurers could allocate $10 million in credits to policyholders in high-risk areas for conducting mitigation efforts. By collecting and analyzing data from these trials, insurers could potentially save billions of dollars over the next two decades. This approach not only demonstrates proactive risk management but also positions insurers at the forefront of technological innovation in the industry. Tune in to the full episode of "Predict & Prevent" to discover more about the future of wildfire risk management and how it could reshape the insurance landscape. Listen now: https://lnkd.in/gM2ZEKmg

🏆 Breaking News: The Predict & Prevent podcast just joined the ranks of PropertyCasualty360’s Insurance Luminaries Class of 2024 in the category of Risk Management Innovation! What's the secret behind this recognition? It's all about flipping the script on risk management. Instead of playing catch-up after losses occur, this podcast is championing a proactive approach to avoid losses and make us safer. The Predict & Prevent podcast explores how insurers and tech innovators are making it happen. As Peter Miller, CEO of The Institutes, puts it: "We're shifting from reactive responses to a forward-looking, preventative mindset." This isn't just about avoiding losses; it's about building a safer, more resilient future for all of us. Tune into the Predict & Prevent podcast and join the conversation that's reshaping the insurance industry. https://lnkd.in/g_h6dZKC #InsuranceInnovation #RiskManagement #PredictAndPrevent

Discover how the insurance industry is shifting from reactive to proactive in disaster management. In the latest Predict & Prevent podcast episode, Mark Berven, President and COO of Nationwide, joins host Peter Miller, CEO of The Institutes, to discuss building a disaster-resistant future. Key insights include: >The importance of risk mitigation and improved building codes > Innovative technologies for loss prevention > Adopting a long-term perspective on risk management Berven emphasizes the need for proactive steps to avoid losses and highlights Nationwide's efforts to raise awareness about resilient building practices. With only 35% of U.S. communities having adopted building codes, there's significant room for improvement. Ready to learn more about creating resilient communities? Listen to "Code for Success: Building a Disaster-Resistant Future" at https://lnkd.in/duqeCBNK

Building codes play a crucial role in creating disaster-resistant communities, yet 65% of U.S. counties, cities, and towns still lack adopted codes. Nationwide's Mark Berven discusses the importance of building codes to making homes and communities more resilient on the Predict & Prevent podcast, with host Peter Miller, CEO of The Institutes. "The focus that we are trying to bring in during these unprecedented times is not just supporting our customers after a claim, which is core to our mission, but really helping them take more proactive steps to find ways to avoid losses from happening to begin with," Berven says. Listen to the podcast now: https://lnkd.in/duqeCBNK #buildingcodes #disasterresilience #insurance #riskmanagement #predictandprevent

"There’s a lot of other great insurance companies out there that are very good at insuring against risk. We influence the risk." That powerful statement by John B. Riggs, CTO of HSB - Hartford Steam Boiler, underscores how HSB has become a leader in deploying advanced technology for risk prevention. Riggs shares HSB's journey with Peter Miller, CEO of The Institutes, in a recent episode of the Predict & Prevent podcast. Riggs describes how HSB is redefining insurance through technology like cutting-edge IoT sensor solutions. Listen to the full episode of Predict & Prevent: https://lnkd.in/g_XYgV4s #predictandprevent #IOT #riskmanagement Whisker Labs WINT - Water Intelligence

Is your business leveraging data to prevent losses? In the latest Predict & Prevent podcast, Dorothy Doyle from Liberty Mutual Insurance shares with Peter Miller of The Institutes how they're revolutionizing risk control through data-driven strategies. She emphasizes the importance of technology that provides real-time indicators to identify risks sooner. But here's the kicker: having access to technology isn't enough. It's about creating a safety culture that drives action. As Doyle puts it, "We have clients that come to the table hungry every day to understand how they can employ pre-loss strategies." Are you hungry for innovative risk control strategies? Tune in to the full episode to learn how you can boost your ROI through data-driven risk management. Listen now: https://lnkd.in/g3nM6-J4

Is your risk control strategy keeping pace with technological advancements? Peter Miller, CEO of The Institutes and host of the Predict & Prevent® podcast, welcomes Dorothy Doyle, SVP and General Manager of Risk Control Services for Liberty Mutual Insurance, to talk about how risk control is being enhanced and expanded today. Among the topics discussed: • How real-time indicators and emerging technologies are transforming risk control. • The importance of demonstrating ROI in technological implementations. • Why a strong safety culture committed to preventing losses and lowering risk costs is crucial. Listen to the full episode for more insights: https://lnkd.in/g3nM6-J4 #predictandprevent #riskcontrol #riskmanagement #safety

Cutting-edge technology is transforming workers' comp insurance. Listen to the latest episode of the Predict & Prevent podcast from The Institutes to learn how one company is making it happen. Join host Peter Miller, CEO of The Institutes, as he talks with Josh Butler, CEO and founder of CompScience, which is using AI and computer vision to prevent workplace accidents before they happen. The best part? They're integrating this tech directly into workers' comp policies, creating a win-win for businesses and insurers alike. This podcast episode offers a glimpse into the future of our industry, where technology and insurance seamlessly blend to create safer workplaces and avoid accidents and injuries. Listen now to learn more: https://lnkd.in/gKE-uuTU #WorkplaceSafety #InsuranceTech #AI #WorkersComp #PredictandPrevent