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Chris Folkman

Chris Folkman

Chris Folkman is the Senior Director of Product Management at Guidewire Software, where he is responsible for analytics that helps insurers automate and augment decisions around pricing and risk selection for small and medium-sized businesses.

Blog

United States (U.S.) Wildfires: The Tipping Point for Property and Casualty (P&C) Insurance

At the time of this blog’s publication, Guidewire customers are processing tens of thousands of insurance claims for the devastating wildfires in California, Oregon, and Washington.  The claims are not just for homes and businesses destroyed, but also for smoke contamination, contents damage, and living expenses due to evacuation orders. 
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Blog

What Terrorism Insurance Can Teach Us About Product Innovation in 2020

Today marks the 19th anniversary of the September 11 attacks in the United States, which tragically killed 2,977 people and resulted in insurance losses of more than $45 billion...
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Blog

Business Interruption Insurance in a Post-Coronavirus World

COVID-19 has taken an enormous toll on the U.S. economy, with 33 million unemployment claims, plunging equity markets, and hundreds of thousands of closed businesses. While its impact on the insurance industry could also be significant, the extent of this impact is yet unknown.
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Blog

Predictive Risk Analytics: COVID-19 and the Future of Small-Business Workers’ Comp

For tech-forward insurers, predictive risk analytics has become key to profitable underwriting in the enormous market for small-business workers’ compensation insurance. But in the age of COVID-19, the competitive importance of these technologies may very well become a make-or-break proposition.
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Blog

A First Look at the U.S. P&C Insurance Industry Financial Results for 2019 – and What They Mean for 2020

The past three years have been very eventful for the U.S. property and casualty (P&C) insurance industry. Firming markets. Relentless consolidation. Big CAT events. An accelerating pace of innovation. It’s an exciting time to be working in an industry that’s rarely described as such.
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