New York State has recently enacted groundbreaking amendments to its insurance laws, significantly transforming the insurance product landscape. These changes are designed to provide more adaptable and relevant solutions to contemporary risks that businesses and individuals face today. Introduction
Cyclone Alfred left behind a trail of devastation, affecting thousands of homeowners who are now grappling with the daunting task of rebuilding their lives and properties. Many have turned to their insurance policies, hoping to find relief and security in a time of great uncertainty. However,
In this interview, we speak with Simon Glairy, an expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. How would you describe your approach to meeting with new clients? When I meet with potential clients, I focus on a
The commercial insurance landscape in the United States has seen significant fluctuations over the years, with a general trend of rising rates. According to the latest data from WTW's Commercial Lines Insurance Pricing Survey (CLIPS), the fourth quarter of 2024 continued to witness an upward
As Cyclone Alfred approaches southeastern Queensland, threatening to inflict billions of dollars in damage, the urgency for insurers to expedite claims processing has never been greater. Treasurer Jim Chalmers provided reassurance that insurers are prepared, emphasizing the importance of prompt
In October 2024, Hurricane Milton unleashed its fury on Jennifer Reynolds' home, resulting in significant damage and a tedious, long-drawn process of claiming insurance. A tree crashed into her house, making it unlivable and forcing her to navigate the challenging insurance landscape. As
