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
In a strategic move, Howden, a significant player in the insurance intermediary sector, is preparing for a leadership transition that promises to impact its future growth trajectory. Robert Kennedy will assume the role of CEO of Howden UK & Ireland, taking the reins from Carl Shuker, who will
Insurtech businesses face increasingly sophisticated cyber threats and financial liabilities, making robust insurance coverage a crucial element for sustaining growth and security. The introduction of InsurtechRisk+ by Markel Insurance comes at a time when navigating this perilous landscape
What happens when a single procedural misstep can overturn an entire legal case? In recent times, the California court system has shown us just how critical strict procedural adherence can be, especially in the realm of workers' compensation litigation. A recent case involving DPR Construction has
In a bold move to cement its position in the Nordic insurance sector, Munich Re’s ERGO Group AG has strategically consolidated its Danish and Norwegian insurance operations. This merger has a significant impact on the region, combining Europæiske Rejseforsikring A/S and ERGO Forsikring AS into a
In the rapidly evolving world of insurance technology, Simon Glairy stands out as an authority with decades of experience in risk management and AI-driven risk assessment. In an industry often tempted by the latest innovations, Simon emphasizes the importance of aligning technology with clear
