Emerging Risks

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

December 2, 2024
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

November 21, 2024
Evolving Construction Sector: New Risks and Insurance Models
Risk Management Evolving Construction Sector: New Risks and Insurance Models

The construction sector is undergoing substantial transformations, driven by economic shifts, increased project complexity, and a growing emphasis on sustainability. David Bowcott, Executive Vice President of Platform Insurance, provides insights into how these factors are influencing the sector

November 19, 2024
Munich Re Adapts Reinsurance Strategies Amidst Evolving Risks
Risk Management Munich Re Adapts Reinsurance Strategies Amidst Evolving Risks

The reinsurance landscape is undergoing significant transformations, driven by factors such as escalating natural catastrophes, economic volatility, and emerging risks. Munich Re stands out amid these shifts, consistently recalibrating its strategies to maintain balanced risk-sharing and uphold a

October 24, 2024
How Are Digital Shifts and Regs Reshaping Financial Risks?
Risk Management How Are Digital Shifts and Regs Reshaping Financial Risks?

In the rapidly evolving landscape of financial services, traditional risks are giving way to new, more complex challenges fueled by digital transformation, regulatory changes, climate factors, and geopolitical tensions. For financial institutions in Europe, this dynamic environment demands a keen

October 17, 2024
Duck Creek Enhances Risk Management with RCT Acquisition
Risk Management Duck Creek Enhances Risk Management with RCT Acquisition

Duck Creek Technologies, a leading software solutions provider for the property & casualty insurance sector, has taken a significant step forward by acquiring Toronto-based Risk Control Technologies (RCT). This strategic acquisition will fully integrate RCT’s flagship platform, RiskHub, into D

October 11, 2024
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