The global Cybersecurity Insurance Market is on an unprecedented growth trajectory, projected to expand from USD 16,100.6 million in 2024 to an astounding USD 85,707.2 million by 2034. This surge underscores the escalating importance of cybersecurity insurance as businesses grapple with increasing
In an ambitious bid to dominate the regulatory technology sector, Corlytics has embarked on a significant expansion into the North American market. Armed with substantial investment backing from Verdane and a series of high-profile acquisitions, the company is poised to solidify its footprint in
California has taken significant steps towards enhancing pet care and protection for pet owners with the recent signing of two substantial bills by Governor Gavin Newsom. These legislative actions, SB 1217 and SB 1233, promise to bring necessary transparency and accessibility to pet healthcare and
The insurance industry has long grappled with inefficiencies, higher indemnity costs, claims leakage, and compliance risks. EXL, a leading data analytics and digital operations solutions provider, aims to address these issues with its recently launched EXL Insurance Large Language Model (LLM).
Principal Financial Group (PFG) has long been a cornerstone in the financial sector, renowned for its dedication to customer satisfaction, security, and privacy. With the increasing prevalence of cyber threats and the ever-evolving landscape of data privacy regulations, PFG’s commitment to these
The recently released report by the Insurance Brokers Code Compliance Committee (IBCCC) has shed light on critical deficiencies in the disclosure and communication practices among insurance brokers, highlighting a pressing need for improvements in these areas. The report identified a worrying
