Commercial

Are U.S. Commercial Insurance Rates Showing Signs of Moderation?
Insurance Are U.S. Commercial Insurance Rates Showing Signs of Moderation?

WTW’s Commercial Lines Insurance Pricing Survey (CLIPS) has revealed notable insights regarding U.S. commercial insurance rates. The survey indicated an aggregate increase of 5.6% in the fourth quarter of 2024 compared to the same period in the previous year. Though this increase remains s

Nirvana Insurance Secures $80M to Revolutionize AI-Driven Truck Insurance
Insurance Nirvana Insurance Secures $80M to Revolutionize AI-Driven Truck Insurance

Nirvana Insurance, a pioneering AI-based commercial trucking insurer, made a significant stride by securing an $80 million Series C funding round, moving its valuation close to $850 million. This funding achievement underlines the company's remarkable progress, having surpassed $100 million in

How Can Personalized Risk Management Boost Business Resilience?
Risk Management How Can Personalized Risk Management Boost Business Resilience?

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

Nirvana Insurance Secures $80M to Revolutionize Commercial Insurance
Technology & Trends Nirvana Insurance Secures $80M to Revolutionize Commercial Insurance

Today, we have Simon Glairy, a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. He joins us to discuss the latest developments at Nirvana Insurance, including their impressive $80 million Series C funding round

Rising Property Risks Drive Need for Strong Multinational Insurance Plans
Insurance Rising Property Risks Drive Need for Strong Multinational Insurance Plans

The commercial property insurance market, particularly for multinational businesses, is becoming increasingly complex. This dynamic environment necessitates robust risk mitigation strategies and strong insurance partnerships. These partnerships are essential for effectively managing property risks

Are Commercial Insurance Rates Still Rising in 2024?
Insurance Are Commercial Insurance Rates Still Rising in 2024?

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

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