The insurance industry is undergoing a profound transformation fueled by the rapid rise of Insurtech companies, which are leveraging cutting-edge technologies to modernize and enhance the customer experience. These innovative firms are tackling longstanding challenges in the industry, particularly
Understanding the liability of insurers in construction contracts has become increasingly complex. A prominent case involving Silverite Construction Company and Westchester Fire Insurance Company sheds light on the intricate issues at play. Silverite sought a $7 million claim from a surety bond
In the rapidly evolving landscape of insurance and property restoration, AI technologies are at the forefront, transforming how claims and property damages are assessed and managed. Today, I'm joined by Simon Glairy, a recognized expert in insurance and Insurtech, who will shed light on the impact
With the impending public debut of Accelerant Holdings on the New York Stock Exchange under the ticker symbol "ARX," the specialty insurance sector is witnessing a transformative moment driven by the insurtech firm's innovative methodologies. Historically, this niche of the insurance industry has
In an era where pet ownership is on the rise, the intersection of pets and rental housing poses unique challenges and opportunities. Simon Glairy, a seasoned expert in insurance and risk management, offers invaluable insights into the implications of the government's decision to remove a pet
Imagine a bustling enterprise faced with an unprecedented situation—a global pandemic halting its operations overnight. The business world roared into a frenzy as COVID-19 unleashed economic constraints, forcing companies to seek avenues for financial relief. Enter the world of insurance policies,
Homeowners across the United States increasingly face a new frontier as the steady evolution of climate change imposes unprecedented challenges on the insurance industry. Traditionally, homeowners insurance provided a safety net against unforeseen events, but the increase in climate-related risks
In today's digital era, managing cybersecurity risks is more crucial than ever, with businesses increasingly relying on outsourced IT services. We sat down with Simon Glairy, an expert in risk management and AI-driven risk assessment, to explore the complexities of cybersecurity, the implications
The UK motor insurance industry is currently facing substantial financial hurdles, with claims inflation and plummeting premiums at the forefront of challenges. Experts are predicting near break-even financial conditions as net combined ratios edge toward 100%, indicating significant strain.
Imagine a scenario where the quest for justice may clash with individual privacy rights. Such a situation indeed occurs today in Texas, where a judge is at the center of a contentious legal dispute over access to mental health records linked to a workers' compensation claim. The Quest for Clarity
