As a seasoned expert in insurance and Insurtech, Simon Glairy stands at the forefront of AI-driven risk assessment and management. With the insurance industry on the brink of transformation through artificial intelligence, his insights offer a window into the profound changes and challenges this
The landscape of event insurance is undergoing significant shifts as organizers continue to grapple with an array of challenges and complexities. Event insurance costs have surged due to increasing security threats, new legislative requirements, and climate change impacts. This scenario presents a
Could artificial intelligence become an essential tool in safeguarding against natural disasters? As California's wildfires become more frequent and severe, the insurance industry faces unprecedented challenges with escalating premiums and diminishing coverage options. This dilemma leaves many
The ripple effects of climbing car insurance premiums have become a tangible reality for Australian drivers, with comprehensive insurance costs steadily accelerating. Over the past three years, these premiums have increased by nearly six percent annually. This follows an earlier surge of 30.5
As catastrophic events become more frequent and severe, the property insurance industry faces unprecedented challenges necessitating significant adjustments to traditional strategies. Hurricanes, wildfires, and unexpected weather phenomena are increasingly impacting property risks, forcing insurers
Since 2022, the commercial property insurance sector has experienced significant changes, primarily driven by environmental, economic, and reinsurance challenges. This evolution has led to the adoption of risk-based pricing, a method that uses specific building risk profiles to calculate premiums