In the rapidly evolving landscape of artificial intelligence, insurers are confronted with the perplexing challenge of identifying and managing the ambiguous risks posed by AI within their coverage frameworks. This uncertainty arises from the concept of "silent AI," where AI-driven risks are
In recent years, the life insurance industry has witnessed significant transformations driven by technological advancements. Bestow, a Dallas-based insurtech company, has emerged as a key player in this shift. Originally established in 2017 by Melbourne O’Banion and Jonathan Abelmann, Bestow aimed
The intersection of technology and risk management in the aviation industry has become increasingly relevant due to growing geopolitical tensions and evolving security threats. Insurwave, an insurtech firm specializing in insurance solutions, has joined forces with Osprey Flight Solutions, an
In today's conversation, we're joined by Simon Glairy, an eminent figure in insurance and Insurtech with a focus on risk management and AI-driven risk assessment. His insight into how the industry adapts to extreme weather events offers invaluable perspectives for understanding evolving challenges.
Navigating the complex world of securities class actions demands a multidimensional approach from companies involved, given the high stakes and intricate legal challenges. In the United States, securities class actions have become significant propositions, often likened to situations where the
As artificial intelligence (AI) continues to revolutionize various sectors, its integration into claims reserving processes is significantly transforming the insurance industry. This technological advancement promises to automate and enhance traditional actuarial practices, but it simultaneously
