The ongoing conflict in Ukraine has sent shockwaves through the insurance industry, bringing into sharp relief the challenges of war risk insurance. With estimated losses at around $20.6 billion primarily in specialty lines like aviation, marine, and political risk insurance, the question of its
The vast proliferation of data and the advancement of artificial intelligence (AI) in the insurance industry present a unique mix of opportunities and challenges. Insurers are now at a pivotal point where they must reconcile the power of technology with the imperatives of ethical responsibility. In
The world of homeowners insurance can be complex and daunting, especially in areas susceptible to specific risks like Florida. Tower Hill Insurance has etched its name as a Florida-focused provider, easing some of that complexity for residents. As we move into 2024, this review aims to dissect the
Introduction The rising tide of home insurance premiums is an economic puzzle worrying homeowners across the United States. In recent times, this necessary financial safeguard has begun demanding a larger share of household incomes, squeezing budgets and raising questions. Various elements – from
The acquisition of Thomson Reuters' Regulatory Intelligence and Oden products by CUBE represents a strategic triumph in the rapidly evolving regtech landscape. By incorporating Thomson Reuters' authoritative content and seasoned expertise into CUBE's advanced AI technology, the enhancement in
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 various
