Jimmy Engstrom

Jimmy Engstrom

Jimmy Engström is assistant director, product development, ISO Insurance Programs & Analytic Services. Mr. Engström has held numerous product and marketing roles within Verisk Analytics and holds the Associate in Risk Management (ARM) designation.

    Posts by Jimmy Engstrom

    Peer-to-Peer Ridesharing: Unwanted exposure or opportunity?

    The past few years have seen the rise of so-called transportation network companies (TNCs) such as Uber, Lyft, and Sidecar. These companies have built technology platforms that enable passengers to request rides from drivers using their own vehicles who have registered on these networks using an app on their mobile phones. The explosive growth of […]

    How do you mitigate losses from extreme weather events?

    For many insurers, 2011 will go down in history as one of the costliest years ever for weather-related losses. In the spring, we had deadly tornadoes and powerful hailstorms. Later on, it was wildfires, tropical storms, and hurricanes. By the end of June, the industry had suffered an estimated $23 billion in direct insured losses […]

    Cross-Selling Auto and Homeowners Polices: A Big Opportunity for Personal Lines Insurers

    Cross-selling is big business for insurance companies. Retention rates are about 10 percent higher for customers who bundle their auto and homeowners policies compared with monoline policyholders. And, of course, if you can get a customer to buy two policies in one transaction, you increase your revenue and decrease your average acquisition costs. To entice […]