Imagine a small ski resort facing a devastatingly mild winter with barely enough snow to keep the slopes open, or a retail center crippled by unexpected blizzards that deter customers and disrupt operations. These scenarios highlight a growing challenge for businesses across various industries: the
A silent revolution is underway in risk management, and B2B2C insurance is at the center of it . This type of policy sells life, property, and casualty insurance through groups without direct coverage. These groups include banks, retailers, e-commerce platforms, and affinity groups. While working
Rising insurance costs have become a pressing concern for American consumers and businesses alike, with many pointing to systemic issues in the legal landscape as a key driver of this financial burden. Every year, countless individuals and companies face skyrocketing premiums, often due to the
What happens when a giant in the Irish insurance market reshuffles its deck, handing over a key segment to a rising contender? On a crisp September day, in a landmark deal, Cornmarket, a financial services broker under Irish Life, acquired Marsh Ireland’s personal lines portfolio, encompassing
Imagine a traveler with specific medical needs trying to navigate the labyrinth of online travel insurance options, only to abandon the process due to confusing questions and unclear coverage details, a scenario all too common in the digital realm. This frustration often leads to missed
As the wave of Americans reaching retirement age swells to unprecedented levels, with over 11,000 individuals turning 65 each day in what's known as the "Peak 65" demographic, the urgency to secure financial stability in later years has never been more pressing. This staggering daily influx
In an era where cyber threats loom larger than ever, with businesses facing increasingly sophisticated attacks that can cripple operations overnight, the reinsurance industry is stepping up to meet these challenges head-on. A groundbreaking development has emerged as a global reinsurance broker
Navigating the annual opportunity to adjust insurance coverage can be a daunting task for many employees, especially with the myriad of changes and deadlines that come with it. This year, the enrollment period presents a critical window for eligible employees to make informed decisions about their
In a world where financial stability and risk management are paramount for global economies, Bermuda stands out as a beacon of innovation and reliability in the reinsurance sector, drawing attention from industry leaders across the globe. The recently concluded 13th annual Bermuda International
In a striking development that has sent ripples through the insurance industry, GEICO, a titan among American auto insurers, has brought to light an alleged $2.2 million fraud scheme targeting New York’s no-fault insurance system, with a federal lawsuit filed on September 19 in the Eastern District
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