Risk Assessment

Is AI Revolutionizing Insurance Underwriting?
Technology & Trends Is AI Revolutionizing Insurance Underwriting?

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

Rising Event Insurance Costs: How Are Organizers Coping?
Risk Management Rising Event Insurance Costs: How Are Organizers Coping?

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

Kin Insurance Uses AI to Tackle California Wildfire Risks
Technology & Trends Kin Insurance Uses AI to Tackle California Wildfire Risks

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

Why Are Car Insurance Premiums Soaring in Australia?
Risk Management Why Are Car Insurance Premiums Soaring in Australia?

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

How Is AI Transforming Property Insurance Amid Crises?
Risk Management How Is AI Transforming Property Insurance Amid Crises?

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

Risk-Based Pricing Revolutionizes Commercial Property Insurance
Insurance Risk-Based Pricing Revolutionizes Commercial Property Insurance

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

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