In a significant development within the UK's insurance sector, David Otudeko has recently been appointed as the Director of Regulation at the Association of British Insurers (ABI). This promotion comes after Otudeko served as Assistant Director and Head of Prudential Regulation since June 2021 and
Professional indemnity insurance, also known as professional liability insurance, plays a crucial role in safeguarding businesses that offer advice or professional services to clients. This form of insurance is designed specifically to cover legal fees and potential compensation costs if a client
ZestyAI has significantly impacted the insurance landscape by enabling carriers and insurers of last resort to extend coverage to properties that were previously considered uninsurable. In the current year alone, the company has facilitated the coverage of over 511,000 such properties. This
Simon Glairy is a renowned expert in the insurance field, with particular expertise in risk management and AI-driven risk assessments. Today, he discusses ProXS, a new professional indemnity solution launched by Willis, and its potential impact on professional firms navigating in a complex business
The insurance industry is being revolutionized by the era of Artificial Intelligence, with FurtherAI leading the charge to transform commercial insurance. The company recently secured $5 million in funding from high-profile investors such as Nexus Venture Partners, Pioneer AI Fund, and Y
The insurance industry has witnessed a transformative shift with the partnership between Simply Business, LLC, and London Underwriters. This alliance brings together Simply Business’s top-rated carriers and London Underwriters’ innovative single sign-on portal, LU One, providing insurance agents