Business

How Does AI-Powered GridProtect Revolutionize Climate Risk Insurance?
Risk Management How Does AI-Powered GridProtect Revolutionize Climate Risk Insurance?

Adaptive Insurance has launched a groundbreaking AI-powered parametric insurance platform aimed at mitigating climate risks for businesses. The company's flagship product, GridProtect, focuses on offering immediate financial relief to enterprises impacted by power outages, which result in $150

Was Your Data Affected by Symetra Life Insurance's Recent Breach?
Insurance Was Your Data Affected by Symetra Life Insurance's Recent Breach?

Symetra Life Insurance Co. has revealed possibly compromised customer data due to unusual activities detected on its customer portal over a six-month period. This unsettling discovery highlighted the reality of potential data breaches, prompting Symetra to notify the Massachusetts Attorney

Selecting the Right Insurance Partner for Sustainable Business Growth
Risk Management Selecting the Right Insurance Partner for Sustainable Business Growth

Navigating the complexities of running a commercial business involves managing high expectations and inherent uncertainties. Leaders often face challenging decisions with limited data, making the selection of a reliable insurance partner crucial for mitigating risks and ensuring operational

Swiss Re Reports $184M in Supply Chain Disruptions Amid Rising Risks
Risk Management Swiss Re Reports $184M in Supply Chain Disruptions Amid Rising Risks

Swiss Re, a leading provider of reinsurance and insurance-linked financial solutions, reports that supply chain disruptions have cost organizations an average of $184 million annually. These disruptions are a significant concern for businesses worldwide. The recent years have shown the

What's in Store for the Insurance Market in 2025?
Insurance What's in Store for the Insurance Market in 2025?

As 2024 draws to a close, Risk Strategies has shifted its focus towards the future, examining the risks, challenges, and opportunities that the insurance market is set to face in 2025. Their latest "State of the Insurance Market" report not only encapsulates key trends from the past year

Gallagher Expands with Acquisition of Redington Ltd and Via Financial
Insurance Gallagher Expands with Acquisition of Redington Ltd and Via Financial

Arthur J. Gallagher & Co. has recently completed a significant acquisition of Redington Ltd, a London-based investment consulting firm that serves pension funds, wealth managers, and institutional investors across the UK. Redington will continue to operate under its current leadership team,

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