Business

Can AI Solve the Power Outage Insurance Gap?
Insurance Can AI Solve the Power Outage Insurance Gap?

Power grid failures cost U.S. businesses more than $150 billion annually, yet a significant portion of these losses remains uninsured due to critical exclusions in traditional commercial property policies. This vulnerability leaves countless small businesses exposed to immediate and often

Can Your Insurer Be a Strategic Business Partner?
Risk Management Can Your Insurer Be a Strategic Business Partner?

The long-standing perception of insurance as a mere transactional safety net is rapidly becoming a relic of the past, as the relationship between businesses and their insurers undergoes a profound and necessary transformation. In today's interconnected and increasingly complex global market,

Unplug Electronics to Protect Your Home and Wallet
Insurance Unplug Electronics to Protect Your Home and Wallet

The excitement of an upcoming vacation often centers on packing lists and travel itineraries, yet one of the most critical pre-departure tasks is frequently overlooked and involves what is left behind. While you are away, your home remains filled with dozens of electronic devices and appliances

Is Saudi Insurance Facing a Crisis or an Opportunity?
Insurance Is Saudi Insurance Facing a Crisis or an Opportunity?

The Saudi Arabian insurance industry is navigating a complex and seemingly contradictory landscape in 2025, where a significant surge in written premiums has been starkly overshadowed by a dramatic collapse in profitability and market valuation. While tumbling stock prices and eroding profits have

Insurers Move Past AI Hype to a Hard Focus on ROI
Regulatory & Compliance Insurers Move Past AI Hype to a Hard Focus on ROI

The insurance industry has reached a critical inflection point in its relationship with artificial intelligence, moving decisively beyond a period of speculative hype and into an era defined by a rigorous demand for measurable returns. After years of pilot projects and exploratory initiatives, the

Chubb to Cut 20% of Workforce in Major AI Overhaul
Insurance Chubb to Cut 20% of Workforce in Major AI Overhaul

Global insurance giant Chubb has announced a landmark digital transformation initiative that will leverage artificial intelligence to overhaul its core operations, a move that includes a strategic plan to reduce its global workforce by as much as 20% over the next several years. This sweeping

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