Risk Assessment

Are Irish Insurance Reforms Really Lowering Premiums for Consumers?
Regulatory & Compliance Are Irish Insurance Reforms Really Lowering Premiums for Consumers?

The Irish insurance industry is no stranger to controversy, particularly when it comes to the perennial issue of rising premiums. Recent legislative reforms have aimed to address consumer grievances, but have they truly been effective in reducing costs for policyholders? A recent survey conducted

How Will APAC Property Insurance Surge to $152B by 2028?
Market Analysis How Will APAC Property Insurance Surge to $152B by 2028?

The property insurance industry in the Asia-Pacific (APAC) region is poised for remarkable growth over the next five years, with market premiums expected to surge from $93.1 billion in 2023 to $152.2 billion by 2028. This phenomenal increase, representing a compound annual growth rate (CAGR) of

How Are Insurers Adapting to the Growing Threat of Climate Change?
Risk Management How Are Insurers Adapting to the Growing Threat of Climate Change?

As the impacts of climate change intensify, the insurance industry faces the enormous challenge of adapting to a new environmental reality. Increasingly frequent and severe weather events such as hurricanes, floods, wildfires, and droughts complicate risk assessments and drive up the costs of

Strengthening Business Resilience: Embracing 831(b) Plans for Unforeseen Risks
Risk Management Strengthening Business Resilience: Embracing 831(b) Plans for Unforeseen Risks

In an era characterized by unprecedented volatility and unpredictability, businesses must adopt innovative strategies to ensure their survival and growth. The COVID-19 pandemic has starkly highlighted the inadequacies of traditional insurance models, unveiling the urgent need for alternative risk

Insurance's Critical Role in Boosting UK Film and TV Production Sector
Risk Management Insurance's Critical Role in Boosting UK Film and TV Production Sector

The UK film and TV production sector is dynamic and multifaceted, involving a unique blend of creativity, technical expertise, and substantial financial investment. Integral to the smooth running of this industry is the often-overlooked but crucial element: insurance. Insurance providers

How is AI Transforming Risk Assessment in the Insurance Industry?
Risk Management How is AI Transforming Risk Assessment in the Insurance Industry?

The insurance industry is experiencing a transformative shift driven by artificial intelligence (AI). Traditionally reliant on manual processes and historical data, insurers are now embracing AI to enhance accuracy, efficiency, and customer satisfaction. This digital revolution is reshaping risk

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