Business

Why Are 73% of Insurance Leaders Planning Tech Upgrades?
Technology & Trends Why Are 73% of Insurance Leaders Planning Tech Upgrades?

Imagine an industry at a pivotal moment, where nearly every professional agrees that the tools they rely on are holding them back, yet the path forward is fraught with obstacles. This is the reality for the insurance sector today, where a staggering 73% of leaders are gearing up for significant

Marine Hull Market Trapped in Price War Amid Rising Risks
Insurance Marine Hull Market Trapped in Price War Amid Rising Risks

Setting the Scene: A Market Under Pressure Imagine a global shipping industry, the backbone of international trade, navigating through a perfect storm of rising risks and relentless competition, yet unable to secure the financial buffers needed to weather the challenges. This is the reality for the

Can AI Mimic the Mind of an Expert Insurance Underwriter?
Technology & Trends Can AI Mimic the Mind of an Expert Insurance Underwriter?

Imagine a world where an insurance underwriter’s decades of hard-earned intuition and expertise could be distilled into a single, powerful tool capable of assessing risks with uncanny precision. This isn’t the stuff of science fiction but a tantalizing possibility within reach thanks to

How Is Marine Insurance Adapting to New Risks?
Insurance How Is Marine Insurance Adapting to New Risks?

Imagine a massive cargo vessel stranded mid-ocean, not due to a storm or mechanical failure, but because a cyberattack has crippled its navigation systems. Such scenarios are no longer the stuff of fiction but a stark reality facing the marine insurance industry today. As global trade continues to

Who Will Lead IBCCC as Industry Representative in 2025?
Insurance Who Will Lead IBCCC as Industry Representative in 2025?

Imagine a cornerstone of the Australian insurance broking industry standing at a crossroads, where decades of expertise meet the promise of fresh perspectives. The Insurance Brokers Code Compliance Committee (IBCCC), a vital entity under the National Insurance Brokers Association (NIBA), ensures

Why Is FSRA Penalizing Higginson Equipment for Pension Failures?
Insurance Why Is FSRA Penalizing Higginson Equipment for Pension Failures?

Imagine a small group of employees diligently working each day, trusting that a portion of their hard-earned wages is safely tucked away in a pension plan for their future security, only to discover that those funds have been withheld by their employer for months. This unsettling scenario is at the

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