In an assertive move to redefine the flood insurance landscape, Neptune Flood has acquired Charles River Data, a prominent data science consultancy from Boston with deep roots in machine learning and artificial intelligence. This acquisition is strategic, bolstering Neptune's technological
Introduction to IoT Insurance Market The comprehensive report on the Internet of Things (IoT) Insurance Market offers a deep dive into the transformative journey the industry is set to embark upon from 2024 to 2031. Identifying key factors influencing growth, while acknowledging the challenges and
In recent years, New Zealand's residential insurance landscape has undergone remarkable transformations. Driven by the push for risk-based pricing, insurance premiums are no longer uniform across the board. Kerry Watt from the Reserve Bank of New Zealand points to this development as a direct
Nicole Graham-Ponce has been named Vice President of Portfolio Management at NextGear Capital, a subsidiary of Cox Automotive. Bringing a wealth of expertise from her almost three-decade-long career in the automotive industry, especially her significant tenure at Manheim, she is well-equipped to
The insurance sector is undergoing a profound transformation, thanks to the surge of technological advancements across the globe. This disruption is not just a fleeting trend; it's a fundamental shift that is creating a new paradigm in the insurtech landscape. Innovations are sprouting in
Relm Insurance is poised for a transformative phase with the addition of Chris Sinkey as the new Chief Operating Officer (COO). This move is pivotal as the insurance industry, especially within cutting-edge sectors, is expected to experience significant transformations. Relm understands the
The surge of Artificial Intelligence (AI) in the insurance sector is shaping up to be one of the defining revolutions of the modern era. By 2033, it's anticipated that the integration of AI will rocket the industry's valuation from USD 5 billion in 2023 to an estimated USD 91 billion,
The life insurance and annuity industry in North America faces pivotal challenges, with shifts in the market prompting a critical reassessment of how products are distributed. It's a time of transformation that insurers must navigate astutely to remain leaders in the field. Companies in the
In the throes of a highly publicized civil fraud judgment, former President Donald Trump has successfully secured a $175 million appeal bond through Knight Specialty Insurance, a company affiliated with billionaire Don Hankey. This financial maneuver comes on the heels of a court decision mandating
The concept of smart homes is moving from the realm of futuristic fantasy to everyday reality, and its implications for the insurance industry are profound. Homeowners' insurance, traditionally based on statistical risk assessments, could see a seismic shift as insurers increasingly recognize
