Olivia Rain

Olivia Rain

Risk Management Advisor
Olivia Rain has a deep understanding of the insurance sector and offers a comprehensive view of the industry’s key trends and challenges. She explores topics such as emerging risks, regulatory developments, and customer engagement strategies, providing readers with actionable insights to navigate the complexities of the insurance industry. With a focus on clarity and relevance, her content resonates with professionals across the insurance value chain.
Did Fraudster Use COVID-19 Crisis to Scam Insurance Companies?
Risk Management Did Fraudster Use COVID-19 Crisis to Scam Insurance Companies?

In a striking exploitation of the COVID-19 pandemic, a convicted fraudster named Dominic Ayo Williams orchestrated an elaborate scheme to defraud insurance companies out of £60,000. Operating under the cover of the global crisis, the 37-year-old from Bromley filed multiple fake holiday cancellation

Top Insurtech Stocks Transforming the $7 Trillion Insurance Industry
Technology & Trends Top Insurtech Stocks Transforming the $7 Trillion Insurance Industry

The insurtech industry is at the forefront of revolutionizing the traditional insurance landscape by integrating advanced technologies such as artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT). This transformation is driven by the need for innovative, convenient,

Can an Insurance Inquiry Affect Your Coverage Eligibility?
Insurance Can an Insurance Inquiry Affect Your Coverage Eligibility?

Insurance is often considered a safety net, a way of mitigating risks and protecting valuable assets like homes and vehicles. However, the intricacies of how the industry operates can sometimes lead to unexpected outcomes, as John Rosso of Prairieville discovered. Rosso’s unfortunate experience u

How Can Insurers Efficiently Manage Large-Scale Claims in Los Angeles?
Risk Management How Can Insurers Efficiently Manage Large-Scale Claims in Los Angeles?

The large-scale insurance claims in Los Angeles, characterized by complexity and diversity, require a methodical, informed approach grounded in precision and collaboration. The particular blend of urban development and susceptibility to natural disasters such as earthquakes and wildfires in Los

Will Alberta's No-Fault Insurance System Benefit Consumers in 2027?
Insurance Will Alberta's No-Fault Insurance System Benefit Consumers in 2027?

The auto insurance landscape in Alberta is on the brink of a significant transformation. With the provincial government planning to implement a no-fault insurance system by January 2027, there is a heated debate about whether this change will truly benefit consumers. The impending shift presents a

Can the Bismarck Health Insurance Model Be Adopted in Bangladesh?
Insurance Can the Bismarck Health Insurance Model Be Adopted in Bangladesh?

In a rapidly globalizing world, countries are seeking efficient and sustainable healthcare solutions to meet the needs of their populations. Bangladesh, with its unique socio-economic challenges, is exploring various models to enhance its healthcare system. One of the proposals on the table is to

Canada Expands Health Insurance Options for Super Visa Applicants
Insurance Canada Expands Health Insurance Options for Super Visa Applicants

In a move to facilitate the process for parents and grandparents visiting their families in Canada, Canada’s immigration department has broadened health insurance eligibility requirements for the Super Visa. This change is set to be effective from January 28, 2025, and allows parents and g

Element Fleet Management Launches Element Risk Solutions for Fleets
Risk Management Element Fleet Management Launches Element Risk Solutions for Fleets

Element Fleet Management Corp., the world’s largest publicly traded, pure-play automotive fleet manager, has announced the launch of Element Risk Solutions. This new offering is a fully integrated risk management service that combines insurance coverage placement with industry-leading claims m

Insurer's Duty to Defend Clarified Amid Eight Corners and Monroe Conditions
Risk Management Insurer's Duty to Defend Clarified Amid Eight Corners and Monroe Conditions

The recent decision by the United States District Court for the Southern District of Texas in Hudson Excess Ins. Co. v. Filipp Oilfield Services LLC et al. has provided significant insights into the insurer's duty to defend its insured in a lawsuit involving bodily injury. The case, decided on

Supreme Court Upholds Choice-of-Law Clauses in Marine Insurance
Risk Management Supreme Court Upholds Choice-of-Law Clauses in Marine Insurance

In a landmark decision in February 2024, the Supreme Court clarified the enforceability of choice-of-law clauses in marine insurance contracts under federal maritime law. The unanimous 9-0 decision in Great Lakes Insurance SE v. Raiders Retreat Realty Co., LLC, authored by Justice Brett Kavanaugh,

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