Insurance

Why Are Ransomware Payments Averaging $1.3 Million?
Insurance Why Are Ransomware Payments Averaging $1.3 Million?

In an era where digital threats loom larger than ever, the financial burden of ransomware has reached unprecedented levels, with average payments soaring to a staggering $1.3 million per incident, according to the Global Cyber Resilience Report by Cohesity. This eye-opening statistic paints a grim

Can Longbrook Insurance Redefine Risk Management in M&A?
Insurance Can Longbrook Insurance Redefine Risk Management in M&A?

In an era where global mergers and acquisitions (M&A) are increasingly complex and the energy sector faces unprecedented challenges in transitioning to sustainable practices, the demand for specialized insurance solutions has never been higher. Amid this landscape, a new player emerges with the

Strategic Drivers Reshape Insurance Sector M&A Trends
Insurance Strategic Drivers Reshape Insurance Sector M&A Trends

The insurance sector, particularly in the UK market, is undergoing a profound transformation in how mergers and acquisitions (M&A) are approached, moving away from a long-standing fixation on sheer size and financial windfalls toward a more nuanced focus on strategic imperatives. Instead, the

How Is Cirium Transforming Aviation Insurance with Data?
Insurance How Is Cirium Transforming Aviation Insurance with Data?

In an industry as high-stakes and fast-paced as aviation insurance, where every decision can have significant financial implications, the need for precision and agility has never been more pressing. Insurers, reinsurers, and brokers grapple with a landscape of escalating complexity, marked by

Insurers Adapt to Lone Actor and Political Violence Risks
Insurance Insurers Adapt to Lone Actor and Political Violence Risks

Unpacking a Growing Challenge in Insurance Markets In an era marked by unpredictability, the insurance sector grapples with a staggering reality: the rise of lone actor terrorism and political violence has reshaped risk landscapes, demanding innovative responses from industry players. A striking

Jensten Group Expands in North-East with Northern Counties Buy
Insurance Jensten Group Expands in North-East with Northern Counties Buy

What happens when a national insurance powerhouse sets its sights on a region often overshadowed by larger urban centers? The North-East of the UK, with its rich industrial heritage and growing business landscape, is witnessing a seismic shift in the insurance sector as Jensten Group, a major

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