The One Big Beautiful Bill Act, commonly referred to as OBBBA, has fundamentally transformed the landscape of estate planning and life insurance markets, especially for high-net-worth individuals navigating a new financial reality. This groundbreaking legislation has significantly lightened the
What if a single misstep in managing insurance claims could cost a company millions, shaking its financial foundation overnight? In today's high-stakes insurance landscape, executives grapple with unpredictable challenges like social inflation and inconsistent reserving practices that threaten
The UK bulk annuity market has emerged as a cornerstone of pension de-risking strategies, with insurance companies taking on pension scheme liabilities through buy-ins and buyouts to secure member benefits. This vibrant sector is witnessing a surge in activity, driven by both established giants and
Artificial intelligence (AI) is rapidly changing the landscape of the insurance industry, particularly in the essential areas of underwriting and claims processing, where efficiency and accuracy are paramount. This cutting-edge technology is redefining how vast datasets are analyzed, risks are
In a landmark decision that has sent ripples through the insurance industry, the First Circuit Court of Appeals has issued a ruling that fundamentally alters the obligations of insurers under commercial general liability (CGL) policies, especially in the context of class action lawsuits. This
What happens when a nation of over 270 million people sets its sights on a greener future, but the road to electric vehicle (EV) adoption is paved with uncertainty? In Indonesia, where bustling cities and sprawling islands are embracing sustainable transport, the surge in EV popularity brings
What happens when an insurance market once seen as a stopgap solution transforms into an industry bedrock? The Excess and Surplus (E&S) market in the U.S. is experiencing a seismic shift, with premiums soaring by double digits annually for several years running as of 2025. This isn’t just a passing
In the ever-evolving landscape of wealth management, high-net-worth (HNW) individuals in Asia face a pressing challenge: how to secure stable, predictable returns amidst economic uncertainties and persistently low interest rates. Fixed annuities, a financial product often overlooked in this region,
Imagine a scenario where a Registered Investment Advisor (RIA) provides advice on a complex insurance product, only to face a lawsuit from a client claiming that the recommendation was unsuitable and led to significant financial loss, highlighting the critical need for protection. Such situations,
Imagine an insurance industry where claims are processed in hours rather than days, where customer expectations for seamless, on-demand services are met without compromising compliance or efficiency. This is the promise of low-code technology, a transformative force reshaping how insurers operate
