Investment strategies have seen a significant shift from traditional asset class focus to a more nuanced factor-based approach. This strategy emphasizes the need to consider various factors that significantly impact the performance, risk, and return of investments instead of just categorizing
Caz Craffy, a former Army financial counselor, shockingly exploited Gold Star families who had lost service members. Taking advantage of their vulnerable state, Craffy deceitfully persuaded these families to invest their death benefits into accounts he oversaw. As a result, the families suffered
The global financial landscape is a complex intertwining of stable and vulnerable elements. A critical and increasingly influential component of this system is the non-bank financial intermediaries (NBFIs). While they add dynamism to the finance sector, their growth also brings new types of
The Link Between Training and Accidents #### The Inexperience Factor Extensive research, such as the pivotal MNP study, confirms that truck driver experience notably influences accident rates. Specifically, those with less than three years of driving are at a higher risk of incidents. These are not
As natural disasters become more frequent and severe, commercial property owners in disaster-prone regions face the growing challenge of skyrocketing insurance costs. Hurricanes, wildfires, and other catastrophic events have compelled the insurance industry to raise premiums substantially while
Amwins, a leading global insurance distributor based in Charlotte, has recently expanded its footprint with a new office in the Baltimore area. By leasing a sizable 15,569-square-foot space in the Executive Plaza in Hunt Valley, Maryland, Amwins is preparing to accommodate a workforce of around 100
Artificial Intelligence (AI) is transforming industries, and insurance is no exception. Claims management, known for its complex, paper-heavy processes, is being revolutionized by AI's entry. The Black Car Fund has emerged as a pioneer by embracing this technological tide through a strategic
In the realm of growing tech innovations, generative AI stands out as a revolutionary force, and Crum & Forster (C&F), headquartered in Morristown, is embracing this evolution. The company sees AI as an asset in its operations, looking to boost productivity, efficiency, and precision in its
Indonesia's health and medical insurance sector is poised for substantial expansion. Industry experts forecast that from 2024 to 2032, the sector will experience a compound annual growth rate of 4.41%. This growth is attributed to a confluence of factors that are expected to elevate the scope of
Skyward Specialty Insurance Group has made a splash in the financial waters with its Full Year 2023 earnings report. The company's performance turned heads as it reported a striking 38% increase in revenue, amassing a total of US$886.0 million, up from the preceding year. This isn't just a
