Over recent years, brokers in the non-standard insurance market have faced increasing costs, particularly within the home and motor insurance sectors. Prestige Underwriting conducted a survey revealing that 70% of brokers noticed a growth in claims costs, with 31% admitting that the rise was more
Investing in the financial markets can be a complex endeavor, demanding not only knowledge but also the appropriate tools and updates to stay ahead. As the market fluctuates, leveraging modern tools and staying informed with the latest updates is crucial for achieving market success. This article
Artificial intelligence (AI) is revolutionizing various industries, including the insurance sector, which has traditionally been slow to adopt new technologies. Historically seen as risk-averse and reliant on time-tested methods, insurers have often been hesitant to embrace innovations like AI.
In a significant move aimed at enhancing risk management within the burgeoning offshore renewable energy sector, Verisk Specialty Business Solutions has teamed up with shipping services provider Clarksons. The collaboration has led to the introduction of a new offshore renewable energy module as
In a move that has sent waves through the automotive industry, the Texas Attorney General has filed a consumer privacy lawsuit against General Motors, alleging that the company has been collecting and selling detailed driver data without explicit customer consent. The data in question includes
In today's evolving insurance landscape, accurate risk assessment has become increasingly crucial. With natural disasters becoming more frequent and populations expanding into higher-risk areas, the need for precise data on insured locations is greater than ever. Innovative address
