The COVID-19 pandemic brought about significant economic instability, leading many individuals to rely on unemployment benefits for survival. Unfortunately, this necessity also opened avenues for fraudulent activities, with some exploiting the system designed to support those in genuine need. One
Cyclone Alfred left behind a trail of devastation, affecting thousands of homeowners who are now grappling with the daunting task of rebuilding their lives and properties. Many have turned to their insurance policies, hoping to find relief and security in a time of great uncertainty. However,
In this interview, we speak with Simon Glairy, an expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. How would you describe your approach to meeting with new clients? When I meet with potential clients, I focus on a
Insurers are increasingly playing a pivotal role in facilitating the green transformation of businesses. With the urgent need to address climate change and the shift towards sustainable energy sources like wind, solar, and geothermal power, the insurance industry is stepping up to support this
In today's global landscape, multinational companies continually face emerging risks and uncertainties. Having robust risk management and effective property insurance strategies is paramount to remain resilient and operational amid natural catastrophes, economic pressures, and geopolitical
The true scale of car insurance fraud in the modern world can often be staggering, and one such case recently unfolded involving two cousins from the UK. Ikram Rafique from Romford and Mohammad Hamad from Ilford orchestrated a significant car insurance fraud that went unnoticed for several years.