Business

TruStar Collapse Sparks Governance Lessons for Insurance Market
Insurance TruStar Collapse Sparks Governance Lessons for Insurance Market

The dramatic collapse of TruStar Underwriting last year has sent shockwaves through Canada’s insurance industry, exposing deep-seated vulnerabilities in governance and oversight, particularly within the managing general agent (MGA) sector, which plays a pivotal role as intermediaries between

Navigating Insurance Trust: The Impact of Claim Denials
Regulatory & Compliance Navigating Insurance Trust: The Impact of Claim Denials

Understanding the 'Moment of Truth' in Insurance Picture a scenario where a policyholder, after years of paying premiums, files a claim only to receive a denial due to an obscure policy exclusion, a moment often termed the 'moment of truth.' This critical juncture in the insurance relationship

Insurance Buyers Enjoy Double-Digit Rate Cuts Amid Risks
Insurance Insurance Buyers Enjoy Double-Digit Rate Cuts Amid Risks

In a striking turn of events, insurance buyers across the globe are reaping the benefits of double-digit rate cuts, a phenomenon that signals a rare buyer-friendly market, providing unprecedented pricing relief in major regions like the US, UK, and Latin America. This comes as a boon for

How Will Canal and Tech Mahindra Transform Auto Insurance?
Insurance How Will Canal and Tech Mahindra Transform Auto Insurance?

In an era where digital innovation is reshaping industries at an unprecedented pace, the commercial auto insurance sector stands at a critical juncture, grappling with challenges like high operational costs and slow processing times that hinder efficiency and customer satisfaction. A newly

Can Cyber Insurance Boost Europe's Organizational Resilience?
Insurance Can Cyber Insurance Boost Europe's Organizational Resilience?

In an era where digital threats loom larger than ever, European organizations face a staggering challenge: a single cyberattack can cripple operations, erode trust, and drain financial resources in mere hours, pushing businesses to rethink their risk management strategies with cyber insurance

Bondaval and Swiss Re Transform Global Credit Insurance
Insurance Bondaval and Swiss Re Transform Global Credit Insurance

In an era where businesses face increasingly complex financial risks, the global credit insurance market is undergoing a profound transformation, driven by innovative partnerships that merge technology with traditional expertise. A striking example of this evolution is the collaboration between a

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