In 2024, Canadian businesses experienced a devastating financial blow due to severe weather events, marking the second-highest total of commercial insurance losses in the country's history. Data from Catastrophe Indices and Quantification Inc. (CatIQ) revealed that insured commercial losses
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
Today, we have Simon Glairy, a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. He joins us to discuss the latest developments at Nirvana Insurance, including their impressive $80 million Series C funding round
The commercial insurance landscape in the United States has seen significant fluctuations over the years, with a general trend of rising rates. According to the latest data from WTW's Commercial Lines Insurance Pricing Survey (CLIPS), the fourth quarter of 2024 continued to witness an upward
The shift towards sustainable energy solutions is becoming increasingly imperative in today’s business landscape due to growing environmental concerns and the pressing need for long-term economic viability. Companies are progressively adopting renewable energy sources such as wind, solar, and g
In the increasingly contentious arena of insurance practices, a recent class action lawsuit filed against the Government Employees Insurance Company (GEICO) by Christopher Cude raises significant concerns about the company's accident forgiveness policy. Filed in a Texas federal court, the
