Articles by Patrick Wraight

Patrick Wraight, CIC, CRM, AU, is director of Insurance Journal's Academy of Insurance. He can be reached at pwraight@ijacademy.com.

A Response to Some Insurtech Claims, Part 3

So far, we’ve dealt with two statements: We do good! It’ll just take a few seconds! This last statement is part of the premise of many in the insurtech space, but it’s also something that we’ve been dealing with for …

A Response to Some Insurtech Claims, Part 2

Last week, we started a conversation about some of the common insurtech claims. Last week, we mentioned the statement from one particular company about all the good that they do. If you missed last week’s post, here’s a link to …

A Response to Some Insurtech Claims

There’s a popular word this year that I’m really tired of. It may not be bothering you so much, but I’ve read it so much that it’s become this year’s “it is what it is” for me. Disruptive; adjective; relating …

Renovation at the Deli, the Return of Coverage B

The last time that we thought about Frank and Jimmy, Jimmy had just finished his work in Frank’s deli. You don’t remember Frank and Jimmy? You didn’t read those posts, you say? That’s no problem. Here’s Part 1 & Part …

Best of 2017 (so far)

It’s hard to believe, but 2017 is already more than half way through. There is much to write about these days from insuretech and blockchain to the political drivers of insurance, including the pending expiration (and renewal) of National Flood …

Renovation at the Deli, Part 2

If you didn’t read last week’s post, Renovation at the Deli; A Story About Additional Insureds, go ahead and do that now. It’ll give you the background on this week’s post. When Frank (the deli owner) asked to be additional …

Renovation at the Deli; A Story About Additional Insureds

One of the primary questions that have to be asked about an insurance policy is: who is an insured? Every policy has language that defines and limits who is eligible to find coverage there. On the CGL policy, the question …

Risk Management Process for Insurance Professionals

What does a risk manager do? Very simply, a risk manager improves the bottom line by making risk less risky. Maybe that doesn’t make as much sense as I thought it did. Let me back up a step and give …

Flood Insurance in the Standard Market Part 2

Last week, we started a conversation about flood coverage. If you missed last week’s blog, go back and read it now. We’ll wait for you. To sum up last week’s blog, I believe that the standard market could cover flood …

Flood Insurance in the Standard Market Part 1

We’re all insurance people here, right? OK, so let’s play a word association game. I’ll give you a word and you think about the first word that comes to mind. Ready? Flood. It’ll be interesting to see what you thought …