Business

How Are Insurance Disputes Evolving Amid New Risks?
Insurance How Are Insurance Disputes Evolving Amid New Risks?

The insurance industry in the UK is undergoing a seismic shift as disputes multiply under the weight of emerging risks and societal changes, with litigation costs soaring due to policy ambiguities exposed by global events like pandemics. This guide aims to equip insurers, brokers, and underwriters

Why Are Ransomware Payments Averaging $1.3 Million?
Insurance Why Are Ransomware Payments Averaging $1.3 Million?

In an era where digital threats loom larger than ever, the financial burden of ransomware has reached unprecedented levels, with average payments soaring to a staggering $1.3 million per incident, according to the Global Cyber Resilience Report by Cohesity. This eye-opening statistic paints a grim

Can Longbrook Insurance Redefine Risk Management in M&A?
Insurance Can Longbrook Insurance Redefine Risk Management in M&A?

In an era where global mergers and acquisitions (M&A) are increasingly complex and the energy sector faces unprecedented challenges in transitioning to sustainable practices, the demand for specialized insurance solutions has never been higher. Amid this landscape, a new player emerges with the

Strategic Drivers Reshape Insurance Sector M&A Trends
Insurance Strategic Drivers Reshape Insurance Sector M&A Trends

The insurance sector, particularly in the UK market, is undergoing a profound transformation in how mergers and acquisitions (M&A) are approached, moving away from a long-standing fixation on sheer size and financial windfalls toward a more nuanced focus on strategic imperatives. Instead, the

How Is Cirium Transforming Aviation Insurance with Data?
Insurance How Is Cirium Transforming Aviation Insurance with Data?

In an industry as high-stakes and fast-paced as aviation insurance, where every decision can have significant financial implications, the need for precision and agility has never been more pressing. Insurers, reinsurers, and brokers grapple with a landscape of escalating complexity, marked by

Insurers Adapt to Lone Actor and Political Violence Risks
Insurance Insurers Adapt to Lone Actor and Political Violence Risks

Unpacking a Growing Challenge in Insurance Markets In an era marked by unpredictability, the insurance sector grapples with a staggering reality: the rise of lone actor terrorism and political violence has reshaped risk landscapes, demanding innovative responses from industry players. A striking

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