What if the daily commute could become a thrilling competition, with prizes and public recognition waiting for those who drive the safest? In Australia, AAMI, a leading insurer under the Suncorp group, has turned this concept into reality with a pioneering app that gamifies driving behavior. By
In a remarkable feat that underscores the escalating battle against deception in the insurance sector, Allianz UK, a leading provider in Great Britain, has uncovered fraudulent activities totaling an astounding £92.6 million during the first half of this year. Announced on September 22, this
As the casualty insurance market navigates a complex landscape this year, industry leaders are grappling with a blend of opportunity and uncertainty that could redefine strategic priorities for insurers and reinsurers alike. Recent discussions hosted by a prominent investment bank in London brought
In an era where financial stability in retirement is becoming increasingly elusive for many Americans, a groundbreaking collaboration between two industry giants has emerged to tackle this pressing challenge. With over 11,000 individuals turning 65 every day in the United States, a demographic wave
What does it take to turn a staggering £34 million net loss into a mere £4 million shortfall in just one year, while reshaping an entire industry? In 2024, Zego, a trailblazer in the insurtech space, achieved this remarkable feat, reaching monthly profitability by December and redefining how
Imagine a construction project spiraling into a multi-million-dollar legal battle, with a contractor caught between hefty claims and an insurer refusing to step in. This scenario is unfolding in California, where Atain Specialty Insurance Company is fighting to avoid defending SQS Contractors, Inc.
What happens when an industry known for caution and tradition dares to put belonging at its core? The annual Dive In Festival, a global event championing diversity, equity, inclusion, and belonging, answers this with striking clarity, showing how transformative it can be. Held this year under the
In a world where climate change continues to intensify natural disasters like hurricanes, wildfires, and floods, the home insurance industry faces unprecedented challenges, leaving millions of homeowners struggling to find affordable and reliable coverage. Kin, a digital-first, direct-to-consumer
Imagine a financial landscape where the safety net of guaranteed income is slowly eroding due to decisions made at the highest levels of economic policy, leaving retirees and savers scrambling to secure their future before it's too late. The Federal Reserve’s recent move to cut its benchmark rate
The landscape of homeowners insurance in the United States has taken a troubling turn, with nearly half of all policyholders—47%, to be exact—facing premium increases this year, marking the highest rate of insurer-driven hikes in over a decade. This sharp uptick in costs is not just a financial
