The highest 5 fast food from Intrconnect 2025
This post is part of a series sponsored by Cotality.
While the Los Angeles forest fires disrupted and destroyed many lives, they also highlighted the urgent need for stakeholders in property insurance to meet and start treating the insurance crisis. For this reason, Cotality ™ Intrconnect®, hosted its annual ecosystem conference, last month in Los Angeles.
With speakers, experts and academics from all areas of property insurance, we gathered under the topic “beyond all borders”. Through the enlightened presentations, attractive conversations in Fireside, and the discussion of the vibrant painting, we partnership with industry experts to explore how to challenge the current standards and make steps towards building new and sustainable insurance frameworks.
Here are some fast food that can be used as a starting point where we all gather to create a more flexible ecosystem:
1. The need to cooperate is deeper than we thought.
Property insurance at affordable and sufficient prices has become difficult in the country. The crisis has reached the point of collapse in states such as California and Florida, which was exposed to forest and hurricane fires, respectively, every year. In order to reflect this trend and prevent its occurrence in other states, the ecosystem for property insurance must adopt more strategic cooperation – in addition to working smoothly within organizations and with their partners in restoration.
Transportation companies must first look at his colleagues in insurance companies not as competitors, but instead as colleagues. Service providers can determine risk distribution strategies more effectively. This cooperation, especially in risk, will help insurance companies guarantee the sheet, which in turn enhances wide -term coverage in the long run.
The deeper cooperation also translates into insurance companies and patients who work closely with legislators and organizational bodies. The risks change, and the policy determines how people can bear. Together, legislators, organizers, insurance companies and their partners can develop sustainable solutions that protect consumers while supporting the stability of the insurance company, which ultimately creates a more flexible insurance scene.
In the cooperative ecosystem that we need, there is no room for blame. The collapse of the insurance system is not on the shoulders of the organizers, insurance companies, or any other individual interest owners. The survival of the factors in the existential insurance crisis, and the coordination of all players to reformulate the system will take place to something sustainable.
2. The system reform exceeds the mere insurance.
Property insurance is crucial for a healthy community. Without protecting the third party to property, ownership of safe homes.
In an increasing number of states, uninterested monthly costs such as real estate taxes and insurance premiums have increased since 2020. Owning property is the cornerstone of long -term financial stability. We must give priority to building an insurance system that can provide reasonable coverage. Each state needs a flexible insurance infrastructure to support societies that can flourish for generations.
Today, real estate, mortgage and insurance industries prevent this type of coordinated procedure to protect the American dream. Together, these industries can plan how to build cities and societies “not burning”, the speaker Michael Wara, the first director of politics in the sustainability speed at the sustainability college in Stanford Duwair. Stakeholders around the real estate industries can coordinate to develop places where people can live safely, with much lower environmental and financial risks.
As the chief scientist at Kotalis Howard Pots says, “We must destroy the silos that define the traditional ecosystem of property -related industries. Without a uniform effort to find solutions, some parts of the country may become insecure.”
3. Reducing things.
Natural disasters will not stop, but we can reduce the severity of their effect when they occur.
What happened in Los Angeles in January 2025, like what happened in Maui in 2023, was an example when the wildfires evolve into a fire – large irreplaceable fires that spread quickly from the structure to the built environment. These fires may start as fires in the forests, but they grow to become something more destructive because they are often nurtured by the structures that they consume.
This is where the mitigation becomes crucial. When we build new societies or rebuild those affected by forest fires or other natural disasters, we must design properties to be more flexible. By creating more flexible societies, we also create a more insurance.
Implementing and enhancing mitigation strategies includes different entities. During the Mainstage Committee, when contacting the existence of two main strategies to reduce risk: enhance construction symbols and provide credits to motivate documents holders to enact efforts to mitigate their property. These measures become more effective when administrative bodies and their carriers work together to ensure alignment.
4. Consumers are an important interest in this process.
Participate with document holders is essential. It is an integral part of the insurance ecosystem, not just the beneficiaries.
Given the complexity of insurance, it is very important for brokers and representatives of the insurance company not only the sale of policies, but the involvement of consumers in this process until they fully understand their risks and coverage. As illiteracy has increased in risk, document holders become part of the solution, and is equipped to actively participate in reducing their risks, and thus the risk of their neighborhoods and societies.
With the public awareness of natural disasters and their destructive effects, risk teaching is a key to helping people realize that their securing is not necessarily exaggerated. They realize the value by understanding their coverage against alternatives.
5. Imagination and innovation are how we exceed all limits.
The main spokesman Mick Ebiling – a founder and executive head of undesirable laboratories – mentioned everything impossible once until someone became possible. All this begins with a bold idea, and in its connection, we presented one forward: it is within our collective reach to build an insurance system at the level of the country – reasonable – supports home ownership and provides permanent financial security for all.
The path stops forward on two basic components: cooperation and innovation.
By harnessing advanced tools and the increasing amount of data available to us today, we can shift from the “reform and replacement” mentality to to forbid The type of loss we see today. Innovation, from artificial intelligence to other systems that help us understand property intelligence, can help us to adhere to the dangers. Through this approach with digital thinking in the front thinking, the entire ecosystem can transform what is impossible one day into something entirely accessible to us.
This will not happen overnight, but through the development of our operations by developing technologies, we will reach there – and we will reach improvements along the way to transformational results for all in this ecosystem.
Cotal’s vision of intelligence behind the borders
In Intrconnect 2025, we have presented your name and new brand to the world: We are now Cotality â„¢. This announcement is the culmination of the company’s transformation trip and its strategic efforts to meet the increasing demands of the real estate industry – including insurance. Our market changes, and we realize the need to change with it. While continuing to build solutions that focus on people, this is a reflection of our refreshing commitment to cooperation and communication and the approach to the front of the ecosystems of property.
All fast food from Intrconnect 2025 emphasizes the principles of cotton – cooperation and communication, the approach of the total with property data and visions of the ecosystems of property and beyond, and the spirit of vitality to help life outside the buildings.
We look forward to fulfilling our mission next year and beyond, to support this entire ecosystem with Beyond Bounds â„¢. To learn more about our renewable vision, please visit www.cotality.com. To secure your place in Intrconnect 2026 in Washington, DC in January 2026, click here.
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