Risk Assessment

Aon Unveils AI-Powered Claims Copilot for Better Outcomes
Technology & Trends Aon Unveils AI-Powered Claims Copilot for Better Outcomes

As we dive into the evolving world of insurance technology, I’m 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. Today, we’re exploring a groundbreaking development in claims management

Uninsured Truck Hits Car: Woman Faces Insurance Nightmare
Insurance Uninsured Truck Hits Car: Woman Faces Insurance Nightmare

In a distressing incident that has captured widespread attention, Faith, a New York woman known on social media platforms, found herself grappling with the aftermath of a severe collision involving her Toyota Corolla and a semi-truck. The accident left her vehicle with extensive damage, including a

Why Is Illinois Suing State Farm Over Insurance Practices?
Insurance Why Is Illinois Suing State Farm Over Insurance Practices?

In a striking development that has captured the attention of both regulators and homeowners across the nation, the state of Illinois has initiated legal action against State Farm, the largest property and auto insurance provider in the state, based in Bloomington. This lawsuit, filed in late 2024,

Silent AI: The Hidden Threat to Commercial Insurance
Technology & Trends Silent AI: The Hidden Threat to Commercial Insurance

Imagine a scenario where a major corporation relies on an advanced artificial intelligence system to streamline its hiring process, only to face a costly lawsuit due to unintended bias in the algorithm that discriminates against certain candidates. The company turns to its commercial insurance

UK Insurance Switching Drops as Loyalty Shifts Beyond Price
Insurance UK Insurance Switching Drops as Loyalty Shifts Beyond Price

Setting the Stage for a Transformed Insurance Landscape In the ever-evolving UK insurance market, a striking trend has emerged: customer switching rates have plummeted to historic lows, with only 33% of motor and 36% of home insurance policyholders changing providers in the first half of this year,

Liberty Mutual Faces Lawsuit Over Unauthorized Robocalls
Regulatory & Compliance Liberty Mutual Faces Lawsuit Over Unauthorized Robocalls

In an age where a phone’s ring can feel like an intrusion, millions of Americans are finding their patience tested by relentless robocalls, and the frustration is palpable. Picture this: a quiet evening at home, only to be interrupted by an automated voice pitching insurance deals you never asked

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