Unprecedented Data Access for Carriers: With tools like real-time satellite imaging, underwriters can identify risks in properties before owners are even aware, making proactive management essential.
The Dangers of Misrepresentation: Businesses that falsely advertise services or assets on websites or social media can raise red flags with insurers, potentially leading to increased scrutiny or higher premiums.
Social Media as a Safety Tool: Internally, social media can foster a strong safety culture by allowing leaders to share personal experiences, encouraging transparency and safety reporting among employees.