Property

Consumer Group Demands Crackdown on Insurers for Low Payouts
Insurance Consumer Group Demands Crackdown on Insurers for Low Payouts

Today, we’re thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With years of experience navigating the complexities of the insurance industry, Simon offers a unique perspective on the

Why Are High Insurance Rates Causing Buyer's Remorse?
Insurance Why Are High Insurance Rates Causing Buyer's Remorse?

Homeownership, long considered a cornerstone of financial stability and personal achievement, is facing a new and daunting challenge as insurance premiums skyrocket across the nation, leaving many buyers questioning their decisions. For countless individuals, the dream of owning a home is now

Are UK Travelers Ready to Pay More for Auto Insurance?
Insurance Are UK Travelers Ready to Pay More for Auto Insurance?

In an era where travel disruptions are becoming increasingly common due to unforeseen events like cyberattacks on critical infrastructure, a pressing question arises for UK travelers: are they prepared to invest more in auto insurance solutions that promise swift financial relief? Recent surveys

How Is AI Transforming Underwriting with Hyperexponential's Triage?
Technology & Trends How Is AI Transforming Underwriting with Hyperexponential's Triage?

Setting the Stage: The AI Revolution in Insurance Underwriting In an industry where precision and speed can make or break profitability, property and casualty (P&C) insurers are grappling with a staggering volume of broker submissions and increasingly complex risk profiles that demand innovative

Michigan Lawmakers Propose Auto Insurance Deductible Reform
Regulatory & Compliance Michigan Lawmakers Propose Auto Insurance Deductible Reform

Imagine driving down a Michigan highway, confident in your auto insurance coverage, only to face a confusing deductible structure after an accident that leaves you financially strained, a scenario all too common for many policyholders in the state. Unclear rules and overlapping benefits often

How Is the FCA Ensuring Fair Insurance Payouts for Drivers?
Risk Management How Is the FCA Ensuring Fair Insurance Payouts for Drivers?

Imagine a scenario where diligent drivers, who meticulously maintain their vehicles, suffer a devastating loss due to theft or a write-off, only to find that their insurance payout falls short of covering a fair replacement. This disheartening reality affected over 270,000 motorists in the UK,

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