The motor insurance industry finds itself perpetually battered by a storm of volatility that relentlessly erodes profitability, leaving companies grappling with an unpredictable landscape where financial stability often feels unattainable. Fluctuating premium rates, economic uncertainties, and
Setting the Stage for Advanced Fraud Prevention The insurance industry faces a staggering challenge with fraudulent claims costing billions annually, as fraudsters employ increasingly sophisticated tactics to exploit vulnerabilities. This pressing issue demands innovative solutions that can keep
Setting the Stage: A Crisis in Surety Bond Reliability In the heart of New York’s bustling construction sector, a staggering financial shortfall of approximately $2.84 million in unpaid union contributions has sparked a high-stakes legal battle that could redefine industry standards. The trustees
I’m thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, whose deep knowledge of risk management and AI-driven risk assessment has made him a trusted voice in the industry. Today, we’re diving into a significant recent ruling by the Eleventh Circuit in the Medmarc
In an era where cyber threats loom larger than ever, with businesses across the United States facing unprecedented risks from data breaches and ransomware attacks, the demand for robust cyber insurance solutions has skyrocketed. Amid this pressing need, a specialist insurance provider has taken a
I'm thrilled to sit down with Simon Glairy, a renowned expert in insurance and InsurTech, with deep expertise in risk management and AI-driven risk assessment. With years of experience navigating complex fraud cases and emerging technologies, Simon offers unparalleled insights into the evolving
In a world increasingly shaped by digital transactions, the threat of financial fraud looms large, especially for British consumers who are more concerned than their European counterparts about the future of bank and insurance fraud by 2030. To dive deeper into these pressing issues, we’re speaking
What happens when a worker gets hurt on the job, battles through pain, but lands a better-paying role? Should their compensation shrink because their paycheck grew, or should it reflect the lasting damage to their body? A groundbreaking ruling by the Iowa Supreme Court has tackled this thorny issue
What if securing coverage for the most intricate business risks was as simple as a few clicks? In an industry often bogged down by complexity, Bold Penguin has made a striking move by acquiring SquareRisk, a specialized marketplace for specialty and excess & surplus (E&S) insurance. This deal,
Setting the Stage for Transformation in Insurance Underwriting The commercial insurance sector is undergoing a seismic shift as technology redefines traditional processes, with underwriting at the epicenter of this change. Imagine a landscape where underwriters, once bogged down by manual data
