As home insurance rates have surged nearly 38% since 2019, Robert and his partners at WOWS have developed an innovative solution to reengineer homeowners' insurance. Their approach leverages big data, cutting-edge analytics, and location intelligence to create a more sustainable and cost-effective model for fire insurance.
A sought-after speaker and industry expert, Robert educates realtors, homeowners, and industry professionals on navigating the complex landscape of fire insurance. He serves on numerous task forces, collaborating with insurance carrier leadership to tackle the state's pressing insurance challenges. In this conversation Robert will discuss the evolving fire risk landscape, the future of California's insurance market, and how WOWS Insurance Services is pioneering a new blueprint for the industry. He'll offer insights on what homeowners need to know about their coverage and share his vision for reengineering fire insurance to benefit all stakeholders in the long term.
Connect with Robert Feldman online: Website | Instagram | Facebook
Show Notes
In this episode of Your Partner In Success Radio, the conversation focused on the fire insurance crisis in California with Robert Feldman, the CEO and Co-Founder of WOWS Insurance Services. With 25 years of experience, Feldman highlighted the need for industry innovation as home insurance rates have risen 38% since 2019. He shared how WOWS is using technology, big data, and analytics to create a new industry blueprint, offering solutions like transferable coverage and sustainable property spacing. These strategies aim to stabilize the market, address challenges for homeowners and insurers, and potentially reduce costs over time. Feldman also provided practical advice for homeowners facing coverage issues, including exploring options like the California Fair Plan.
If you found this conversation insightful, we encourage you to connect with Robert Feldman on LinkedIn or on his website at Wows Insurance and tell him you found him on this podcast.
And please leave a review on Apple Podcasts. Your feedback helps us reach more listeners and continue sharing valuable content. Thank you for tuning in and I will see you next week!
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