The regulatory landscape surrounding micro-captive insurance companies has become increasingly challenging due to intensified scrutiny from the Internal Revenue Service (IRS). Micro-captives, which have traditionally benefited from the 831(b) election allowing tax-deferred earnings, are now facing
Union Insurance Company P.J.S.C. of the United Arab Emirates has recently been in the spotlight following AM Best’s decision to upgrade its Credit Ratings. This recognition highlighted improvements in Union's financial standing and operational strategies, showcasing its dedication to stability and
The contemporary financial landscape is witnessing a remarkable evolution with the introduction of innovative strategies that challenge conventional systems. One such groundbreaking innovation is the Cornerstone Home Equity into Financial Success (CHEIFS) product, ushering in a paradigm shift in
Leadership transitions are creating seismic shifts in the insurance sector, altering the landscape in ways that redefine traditional strategies. What happens when new leaders with fresh perspectives and expansive visions step into roles previously bound by outdated paradigms? At a time when
The recent ruling by the Massachusetts Supreme Judicial Court marks a watershed moment in the realm of insurance insolvency, particularly concerning the growing complexities of statutory entitlements in workers' compensation. This analysis aims to scrutinize the impact of the court's decision on
Artificial Intelligence is revolutionizing the insurance industry, offering unprecedented opportunities while also presenting unique challenges. As AI technologies become deeply integrated into insurance practices, industry stakeholders face the critical task of ensuring that innovation does not
In a rapidly evolving industry like insurance, technological advancements are key to maintaining a competitive edge, and Simon Glairy is at the forefront of this transformative wave. With a deep expertise in Insurtech and risk assessment, he's uniquely positioned to shed light on Saifr's new AI
The emergence of technological innovations in the insurance sector has been noteworthy in recent years, marked particularly by the success of PROPEL with Singlife. This revolutionary initiative was recently honored with the "Insurtech Initiative of the Year – Singapore" award at the 10th Insurance
New York's construction industry stands as a beacon of both innovation and complexity, carrying immense significance for the region's economic fabric. Defined by its dynamic growth, the sector encompasses diverse segments, ranging from residential and commercial developments to infrastructure
In a world where digitization is reshaping every industry, insurance remains grounded in traditional methods. However, Lemonade is charting a new course with its AI-driven car insurance and aiming for a substantial impact in Indiana. Could cutting-edge technology redefine car insurance for Indiana
