Recent findings by ZestyAI, specializing in AI-driven risk analytics for the insurance industry, have revealed that over 12.6 million U.S. properties are at high risk of hail-related roof damage. This potential threat translates to an estimated $189.5 billion in replacement costs, emphasizing the
Belgian insurer Ageas has strengthened its foothold in the UK personal lines insurance market by acquiring Esure from Bain Capital for nearly £1.3 billion. This strategic acquisition is expected to make Ageas the UK's third-largest personal lines insurer. The deal forms part of Ageas’s El
Embri, an embedded insurance platform, has launched a crowdfunding campaign on Crowdcube to accelerate its growth in the embedded insurance marketplace. This funding round, which is currently in early access and opens to the public at the end of April, aims to support Embri’s expansion across the U
The Biden administration's recent moves to introduce federal oversight in the title insurance sector have stirred considerable debate regarding state versus federal regulation. Historically, title insurance has been regulated at the state level, with states vehemently guarding their authority.
The continuous imposition of increased tariffs and the evolving global trade policies have significantly impacted the homeowners insurance market, with profound implications for both personal and commercial policyholders. The rising costs of imported goods, including essential materials such as
In an age where technology keeps evolving, so does the landscape of criminal activities. Modern criminals are now using advanced tools to target businesses of all sizes, making crime insurance increasingly relevant. This article explores the importance of crime insurance in protecting businesses
Today's technological advancements have significantly altered the landscape of cyber risks, posing new challenges for businesses and insurers alike. As cyber threats continue to evolve, companies must remain vigilant and work closely with insurers to develop effective security measures and
In the rapidly evolving landscape of insurance, the integration of artificial intelligence (AI) has become a transformative force, driving significant advancements in efficiency and accuracy. MGT Insurance, an AI-driven neo-insurer, is at the forefront of this revolution, having recently bolstered
Simon Glairy is renowned in the insurance and Insurtech fields, with a focus on risk management and AI-driven risk assessment. Today, he shares insights into Dalma’s recent achievements and future plans following their significant Series B funding round. Can you summarize what Dalma is and h
As meteorologists predict an unusually active Atlantic hurricane season, with 17 named storms, nine hurricanes, and four major hurricanes anticipated, it becomes imperative for homeowners and business owners to ensure they are adequately prepared. This forecast, based on research by Colorado State
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