As Rhode Islanders look ahead to the year 2026, they face an unprecedented shift in their healthcare landscape. Proposed health insurance rate hikes, the sharpest seen in over a decade, could fundamentally reshape access to affordable healthcare. Policyholders, insurers, and state officials alike
In Kenya, technology is increasingly playing a pivotal role in reshaping the insurance sector by addressing long-standing challenges and negative perceptions attributed to low insurance penetration—currently less than 3% compared to the global average of 7%. Many Kenyans regard insurance as a
In a significant development for the insurance industry, the Managing General Agents’ Association (MGAA) has partnered with Insurance DataLab to enhance data-driven decision-making. With data playing an increasingly critical role in shaping decisions, this collaboration provides MGAA members access
The insurance industry is undergoing a profound transformation shaped by digital technologies and shifts in consumer expectations. As companies strive to remain competitive and relevant, understanding this digital metamorphosis has become imperative. With changing dynamics such as artificial
In a landscape defined by constant evolution, two states in the United States have taken the lead in reshaping captive insurance—a form of self-insurance for businesses seeking tailored protection. With traditional insurance models facing challenges and limitations, Vermont and Montana present
The insurance industry, long inhibited by the complicated nature of policies filled with legal jargon, endorsements, and exclusions, is at a transformative juncture with the advent of artificial intelligence (AI). This technology promises to overhaul policy interpretation within the sector,
Simon Glairy is a leading authority in insurance and Insurtech, specializing in risk management and AI-driven risk assessment. In today's discussion, Simon shares his insights on the dynamic changes in Florida's property insurance market, the influence of legislative reforms, and forecasts for the
Rising concern over social inflation continues to trouble the insurance sector, with its financial implications becoming increasingly severe. Legal and societal shifts have exacerbated this issue, defying mere economic inflation as a cause. Insurtech players at a recent conference in New York City,
Simon Glairy, an authority in insurance and Insurtech, delves into the intricate dynamics shaping today's legal landscape. His insights uncover the impact of third-party litigation funding (TPLF) on attorney advertising, legal trends, and insurance markets. Amid the surge in legal service
Life insurance policies held within irrevocable life insurance trusts (ILITs) are facing new challenges and opportunities due to shifts in the tax landscape. As current tax laws continue to evolve, the landscape for estate tax planning becomes more complex, making it imperative for policyholders
