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
In the aftermath of Hurricanes Debby, Helene, and Milton, the state of Florida has seen an unprecedented spike in flood insurance claims, highlighting the increasing severity of tropical storms and their financial toll on communities. According to the Federal Emergency Management Agency (FEMA),
In the age of technological advancements and increasing digital interconnectivity, the evolving landscape of cyber threats poses a tremendous challenge for the cyber insurance industry. The surge in cyber attacks, particularly ransomware, accelerated during the COVID-19 pandemic due to the
HOMEE, an Artificial Intelligence-driven direct repair network tailored for the Property and Casualty (P&C) insurance industry, has made a significant leap forward by successfully closing a Series C funding round, securing $12 million. This funding endeavor was headed by W.R. Berkley Corporation
Arch Capital Group Ltd has garnered substantial attention as it has been named the fastest-growing firm among the world's largest property and casualty insurers by S&P Global Market Intelligence. Based in Bermuda, Arch Capital saw a significant boost in its gross premiums earned, reaching $17.02
In a groundbreaking effort to tackle the rising tide of insurance fraud, the Home Office has teamed up with the insurance sector to launch a new charter aimed at addressing this pressing issue. Insurance fraud has become increasingly problematic, with the Association of British Insurers (ABI)
