Risk Assessment

RHOP Star Wendy Osefo and Husband Arrested for Fraud
Risk Management RHOP Star Wendy Osefo and Husband Arrested for Fraud

In a shocking turn of events that has gripped fans of Bravo’s “Real Housewives of Potomac,” Wendy Osefo, a prominent figure on the reality show, and her husband, Eddie Osefo, have been arrested on charges of insurance fraud in Maryland. The couple, taken into custody by the Carroll County Sheriff’s

Is the Insurance Industry Ready for Climate Risks with AI?
Risk Management Is the Insurance Industry Ready for Climate Risks with AI?

As climate change intensifies, bringing more frequent and severe natural disasters like wildfires, hailstorms, and flooding, the insurance industry faces an unprecedented challenge in managing escalating risks, while the increasing cost of these events, often reaching billions of dollars in losses,

How Is Data Redefining MGA Partnerships in Canadian Insurance?
Technology & Trends How Is Data Redefining MGA Partnerships in Canadian Insurance?

In the rapidly changing realm of Canadian commercial insurance, a seismic shift is underway as data emerges as the pivotal force reshaping partnerships among managing general agents (MGAs), insurers, and brokers, moving beyond traditional metrics. Once, pricing stood as the primary measure of value

GEICO Sues Florida Providers Over Alleged PIP Fraud Scheme
Regulatory & Compliance GEICO Sues Florida Providers Over Alleged PIP Fraud Scheme

Imagine a system designed to protect accident victims being exploited to the tune of hundreds of thousands of dollars through deceptive practices, and in Florida, a state already grappling with high insurance costs, GEICO has launched a significant lawsuit against a group of medical providers,

How Is Socotra's Agentic AI Transforming Insurance Products?
Technology & Trends How Is Socotra's Agentic AI Transforming Insurance Products?

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. With years of experience guiding insurers through technological transformations, Simon offers a unique perspective on how innovations like

Quandri Launches AI-Powered Requoting for US Insurance Renewals
Technology & Trends Quandri Launches AI-Powered Requoting for US Insurance Renewals

What if a task that once consumed hours of an insurance agent's day could be slashed to mere minutes with a single click? In the fast-paced world of personal lines insurance, where renewals for home and auto policies often bog down agencies with repetitive, manual work, this scenario is no longer

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