Imagine a scenario where a Registered Investment Advisor (RIA) provides advice on a complex insurance product, only to face a lawsuit from a client claiming that the recommendation was unsuitable and led to significant financial loss, highlighting the critical need for protection. Such situations,
Imagine an insurance industry where claims are processed in hours rather than days, where customer expectations for seamless, on-demand services are met without compromising compliance or efficiency. This is the promise of low-code technology, a transformative force reshaping how insurers operate
Imagine discovering that a seemingly harmless change in your lifestyle or property has quietly driven up the cost of your home insurance, leaving you with a hefty bill or, worse, an invalidated policy when you need it most. Many homeowners remain unaware of the subtle shifts that can alter their
In an era where digital transactions dominate, real estate agents find themselves at the forefront of cybercriminal interest due to the treasure trove of sensitive client data they manage daily, including personal identifiers like Social Security numbers and financial records tied to property
Imagine a quiet manufacturing facility in Faribault, Minnesota, suddenly engulfed in flames due to a piece of equipment meant to streamline operations, leading to significant financial loss. On February 9, 2024, a fire at Trystar’s plant, traced to a CET Color UV flatbed printer, caused damages
In the wake of devastating hurricanes that have battered Florida’s coastlines, the state’s property insurance industry finds itself under intense scrutiny, with recent regulatory actions exposing deep-rooted issues that have left countless homeowners in distress. State regulators have imposed fines
In a striking display of market confidence, Guidewire Software, a leading provider of software solutions for the insurance industry, has captured significant attention with a remarkable 17.3% surge in its stock price during the morning session following the release of its second-quarter financial
As the mobility sector undergoes a profound transformation, driven by cutting-edge technologies and shifting consumer behaviors, few are better positioned to unpack these changes than Simon Glairy. With his deep expertise in insurance and Insurtech, particularly in risk management and AI-driven
I'm thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, whose deep knowledge of risk management and AI-driven risk assessment has shaped innovative approaches in the industry. Today, we’re diving into OAK Global's latest venture, OAK Enterprise, and exploring the
What happens when a horse owner faces the sudden loss of a prized animal, with no safety net in place to cover the financial blow? In an industry where risks lurk around every corner—from unexpected health crises to stringent regulatory demands—securing the right insurance can feel like navigating
