In recent years, the car insurance industry has been plagued by an insidious type of fraud known as ghost broking, where unscrupulous individuals pose as legitimate brokers to deceive unsuspecting motorists. Posing as a reliable intermediary, the ghost broker provides fake policies, leaving their
In an era where digital interactions are central to business operations, the threat of cyberattacks looms large over organizations. Consequently, cyber insurance has become an indispensable element of risk management, offering financial protection against events like data breaches and ransomware.
As businesses grapple with increasingly intricate risks, the imperative for innovative risk management strategies becomes glaringly apparent. Conventional insurance models, foundational though they are, fall short in addressing the complex and multifaceted nature of today's risks. These models have
In an age where technology is reshaping industries worldwide, the Nigerian insurance sector stands at a pivotal juncture with its embrace of fintech innovations. The Nigerian Insurers Association (NIA) is leading this transformation by inviting fintech firms to redesign the insurance claims
Hawaii finds itself at a pivotal juncture, confronting a multitude of pressing political and environmental challenges as the legislative session nears its conclusion. The state legislature is taking substantial steps to address critical issues like climate change adaptation, property insurance
Simon Glairy is a renowned expert in the intersecting fields of insurance, Insurtech, and risk management. He's uniquely poised to provide insight into how regulatory frameworks are influencing European banks as they consider acquiring asset managers through their insurance subsidiaries. With the
In recent developments within the insurance industry, technological solutions have emerged as key players in reforming operational frameworks. One such offering is 'Direct Bill Complete', introduced in collaboration by ReSource Pro and Ascend. This innovative solution demonstrates how advanced
In a significant development within the UK's insurance sector, David Otudeko has recently been appointed as the Director of Regulation at the Association of British Insurers (ABI). This promotion comes after Otudeko served as Assistant Director and Head of Prudential Regulation since June 2021 and
In the vibrant landscape of modern travel, the demand for personalized travel insurance has reached unprecedented heights as travelers increasingly seek unique experiences. British tourists, in particular, exhibit a strong inclination toward exploring uncharted destinations, driven by a desire for
In an era defined by rapid technological advancements and ever-evolving consumer expectations, the insurance industry must continuously adapt to remain competitive. Enter V3locity Express: Supplemental Health, a groundbreaking solution specifically crafted to transform the landscape of supplemental
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