Risk Management

How Are Tech Advances Redefining Underwriting in 2024?
Risk Management How Are Tech Advances Redefining Underwriting in 2024?

The rapidly evolving landscape of underwriting and risk assessment is transforming the insurance industry, necessitating that industry players stay ahead of the curve to maintain a competitive edge. As technological advancements reshape risk management and decision-making, insurers are experiencing

US Cyber Insurance Market to Hit $45B by 2034, Says CyberCube Report
Risk Management US Cyber Insurance Market to Hit $45B by 2034, Says CyberCube Report

The US standalone cyber insurance market, according to the latest report by CyberCube, is on the verge of exponential growth, potentially reaching a staggering $45 billion in premiums by 2034. This projection marks a five-fold increase from current levels, driven by the rapid digitization of the

Rising Claims Costs Strain Brokers in Non-Standard Insurance Market
Risk Management Rising Claims Costs Strain Brokers in Non-Standard Insurance Market

Over recent years, brokers in the non-standard insurance market have faced increasing costs, particularly within the home and motor insurance sectors. Prestige Underwriting conducted a survey revealing that 70% of brokers noticed a growth in claims costs, with 31% admitting that the rise was more

Political Risk and Credit Insurance Safeguard Global Infrastructure Investments
Risk Management Political Risk and Credit Insurance Safeguard Global Infrastructure Investments

International investment in infrastructure is increasingly becoming a focal point for both emerging and developed markets. This surge in interest is driven by burgeoning opportunities in various sectors, including renewable energy, transportation, telecommunications, and agriculture. However, as

How Can Investors Leverage Tools and Updates for Market Success?
Risk Management How Can Investors Leverage Tools and Updates for Market Success?

Investing in the financial markets can be a complex endeavor, demanding not only knowledge but also the appropriate tools and updates to stay ahead. As the market fluctuates, leveraging modern tools and staying informed with the latest updates is crucial for achieving market success. This article

How Is Tennessee Leading the Way in Captive Insurance Growth?
Risk Management How Is Tennessee Leading the Way in Captive Insurance Growth?

Tennessee is emerging as a front-runner in the captive insurance industry, boasting impressive growth and fostering innovation. Captive insurance, a specialized form of self-insurance where companies insure their own risks, has found a nurturing environment in Tennessee. But what are the secrets

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