The commercial property insurance market is continuously evolving, influenced by the growing reliance on high-tech equipment and the increasing frequency of natural catastrophes. The second quarter of 2024 has seen relative stability in insurance rates, but businesses still face single-digit rate
In an era where the frequency and sophistication of cyber threats are escalating, Alvacomm has emerged as a pioneer in cyber risk management by launching a state-of-the-art platform tailored for insurance providers and brokers in Australia. The platform is designed to tackle the inadequacies of
In a groundbreaking effort to tackle the rising tide of insurance fraud, the Home Office has teamed up with the insurance sector to launch a new charter aimed at addressing this pressing issue. Insurance fraud has become increasingly problematic, with the Association of British Insurers (ABI)
HCF, a prominent insurance firm, found itself under the legal microscope after a court ruling highlighted potential misleading conduct regarding its health insurance policies. The legal scrutiny arose from HCF falsely asserting that customers with pre-existing conditions could be denied coverage
The reinsurance landscape is undergoing significant transformations, driven by factors such as escalating natural catastrophes, economic volatility, and emerging risks. Munich Re stands out amid these shifts, consistently recalibrating its strategies to maintain balanced risk-sharing and uphold a
In a shocking case that has captured the attention of many, four individuals recently appeared at the Motherwell Magistrate’s Court in Gqeberha, accused of committing murders tied to insurance payout schemes. This case has posed an unsettling question: are financial incentives driving people to
