In an era where cyber threats loom larger than ever, with businesses across the United States facing unprecedented risks from data breaches and ransomware attacks, the demand for robust cyber insurance solutions has skyrocketed. Amid this pressing need, a specialist insurance provider has taken a
The rapid integration of artificial intelligence (AI) into the Canadian insurance industry has brought unprecedented opportunities for efficiency and innovation, but it also presents a minefield of legal risks that cannot be ignored. At the National Insurance Conference of Canada (NICC), legal
In a landscape where financial burdens often weigh heavily on households, imagine opening a bill to find that motor and home insurance premiums have dropped yet again, bringing a sigh of relief to many. For numerous families, this scenario has become a reality in the third quarter of this year, as
What if securing coverage for the most intricate business risks was as simple as a few clicks? In an industry often bogged down by complexity, Bold Penguin has made a striking move by acquiring SquareRisk, a specialized marketplace for specialty and excess & surplus (E&S) insurance. This deal,
In an era where digital connectivity defines business operations, small and medium-sized enterprises (SMEs) in Australia and New Zealand (ANZ) are grappling with an alarming surge in cyber claim costs that threaten their very survival. A recent report from a leading insurance provider paints a
As climate change intensifies, bringing more frequent and severe natural disasters like wildfires, hailstorms, and flooding, the insurance industry faces an unprecedented challenge in managing escalating risks, while the increasing cost of these events, often reaching billions of dollars in losses,
