In the fast-paced realm of specialty insurance, where risks are as unpredictable as a storm on the horizon, a staggering statistic looms large: only one in ten submissions typically bind, bogging down underwriters with inefficiencies and skyrocketing costs. This bottleneck in underwriting,
What happens when a global corporation faces a sudden cyberattack, losing millions in data breaches overnight, with no safety net to fall back on? In today’s volatile world, such scenarios are not just possibilities but stark realities that businesses confront daily, and insurance brokers, often
I'm thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, whose deep expertise in risk management and AI-driven risk assessment has shaped groundbreaking advancements in the industry. Today, we’ll explore how AI is transforming the insurance landscape for small
When considering the escalating costs of healthcare, one startling disparity often catches attention: the significant price difference for the same medical procedures depending on where they are performed, which raises urgent questions about fairness and efficiency. Recent research has uncovered
In an era where healthcare costs continue to soar and traditional insurance models often fall short of meeting diverse needs, a groundbreaking shift is occurring in the industry, spearheaded by innovative companies harnessing the power of data. LifeX Research, based in Atlanta, GA, stands at the
In the heart of Hong Kong’s scenic landscape, a devastating wildfire at Pat Sin Leng has recently ignited more than just the rugged terrain—it has set ablaze critical conversations about environmental risks and their far-reaching consequences on property and financial security. This alarming event
