Insurance

Can AI Solve the Power Outage Insurance Gap?
Insurance Can AI Solve the Power Outage Insurance Gap?

Power grid failures cost U.S. businesses more than $150 billion annually, yet a significant portion of these losses remains uninsured due to critical exclusions in traditional commercial property policies. This vulnerability leaves countless small businesses exposed to immediate and often

Unplug Electronics to Protect Your Home and Wallet
Insurance Unplug Electronics to Protect Your Home and Wallet

The excitement of an upcoming vacation often centers on packing lists and travel itineraries, yet one of the most critical pre-departure tasks is frequently overlooked and involves what is left behind. While you are away, your home remains filled with dozens of electronic devices and appliances

Is Saudi Insurance Facing a Crisis or an Opportunity?
Insurance Is Saudi Insurance Facing a Crisis or an Opportunity?

The Saudi Arabian insurance industry is navigating a complex and seemingly contradictory landscape in 2025, where a significant surge in written premiums has been starkly overshadowed by a dramatic collapse in profitability and market valuation. While tumbling stock prices and eroding profits have

Chubb to Cut 20% of Workforce in Major AI Overhaul
Insurance Chubb to Cut 20% of Workforce in Major AI Overhaul

Global insurance giant Chubb has announced a landmark digital transformation initiative that will leverage artificial intelligence to overhaul its core operations, a move that includes a strategic plan to reduce its global workforce by as much as 20% over the next several years. This sweeping

AM Best Affirms CGICE Ratings With Stable Outlook
Insurance AM Best Affirms CGICE Ratings With Stable Outlook

In the highly competitive niche insurance market, maintaining a stable financial outlook while pursuing ambitious growth presents a formidable challenge for smaller, specialized carriers. This delicate balancing act was recently highlighted as AM Best, a global credit rating agency, affirmed the

Is Seeing Still Believing for Your Business?
Insurance Is Seeing Still Believing for Your Business?

With the launch of AI models like Nano Banana Pro, which can generate flawless photorealistic images and text, the line between real and synthetic media is dissolving at an alarming rate. For corporate leaders and risk managers, this isn't a future problem; it's a present and escalating crisis. To

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