The property insurance sector is witnessing a groundbreaking shift with the introduction of the Client Edge Facility. This initiative, a collaborative effort between WTW, Canopius US Insurance, Inc., and Verita Capital Solutions, promises to address complex property risks with unprecedented
In the rapidly evolving automotive industry, the integration of data analytics and Internet of Things (IoT) technologies promises a significant transformation in how insurance companies operate. One of the most groundbreaking collaborations is between Liberty General Insurance Berhad (Liberty) and
Is Ondo InsurTech Positioned for Market Success with NFU Mutual Contract? Ondo InsurTech PLC, a company listed on the London Stock Exchange under the ticker LSE: ONDO, has recently garnered significant attention following its notable contract win with NFU Mutual. This contract is only one of
The rapidly evolving landscape of underwriting and risk assessment is transforming the insurance industry, necessitating that industry players stay ahead of the curve to maintain a competitive edge. As technological advancements reshape risk management and decision-making, insurers are experiencing
The US standalone cyber insurance market, according to the latest report by CyberCube, is on the verge of exponential growth, potentially reaching a staggering $45 billion in premiums by 2034. This projection marks a five-fold increase from current levels, driven by the rapid digitization of the
Over recent years, brokers in the non-standard insurance market have faced increasing costs, particularly within the home and motor insurance sectors. Prestige Underwriting conducted a survey revealing that 70% of brokers noticed a growth in claims costs, with 31% admitting that the rise was more
The Agriculture Crop Insurance Market is undergoing significant transformation, driven by increased research and development spending on a global scale. This comprehensive report by Advance Market Analytics sheds light on the evolving trends, market drivers, constraints, and opportunities shaping
International investment in infrastructure is increasingly becoming a focal point for both emerging and developed markets. This surge in interest is driven by burgeoning opportunities in various sectors, including renewable energy, transportation, telecommunications, and agriculture. However, as
Core Specialty Insurance recently achieved a significant milestone by securing an upgrade in the Financial Strength Ratings of its property and casualty subsidiaries from AM Best, moving from an A- to an A (Excellent) rating. This recognition comes with a Financial Size Category of XIII,
Investing in the financial markets can be a complex endeavor, demanding not only knowledge but also the appropriate tools and updates to stay ahead. As the market fluctuates, leveraging modern tools and staying informed with the latest updates is crucial for achieving market success. This article
