Risk Assessment

How Do Wearables and Data Transform Life Insurance Underwriting?
Insurance How Do Wearables and Data Transform Life Insurance Underwriting?

The life insurance industry is undergoing a transformative shift with the adoption of wearable technology and third-party data. Traditional underwriting methods, which heavily relied on medical exams and lab tests, are being replaced by more efficient and accurate data-driven approaches. This

Global Commercial Property Insurance Market to Expand Rapidly by 2028
Insurance Global Commercial Property Insurance Market to Expand Rapidly by 2028

The global commercial property insurance market, which was valued at USD 247.80 billion in 2022, is anticipated to experience significant growth over the coming years. Forecasts predict a Compound Annual Growth Rate (CAGR) of 10.39% from 2023 to 2028, driven by the growing recognition among

What is Driving the Rapid Growth of the Commercial Insurance Market?
Insurance What is Driving the Rapid Growth of the Commercial Insurance Market?

The commercial insurance market has been experiencing a remarkable surge, driven by an array of factors such as increasing business risks, evolving regulatory requirements, and a burgeoning demand for tailored insurance solutions. Valued at USD 712.4 billion in 2022, the market is forecasted to

Marine Insurers See Premium Growth Amid Rising Claims and Market Shifts
Insurance Marine Insurers See Premium Growth Amid Rising Claims and Market Shifts

The marine mutual insurance sector is experiencing notable changes as insurers like NorthStandard, the UK P&I Club, Gard, Steamship Mutual, and West of England P&I Club project growth in premium income amid rising large claims. These insurers are facing numerous challenges within the global marine

How Did M3 Insurance Evolve into a Leading Risk Management Firm?
Insurance How Did M3 Insurance Evolve into a Leading Risk Management Firm?

The transformation of M3 Insurance from a modest independent life insurance agency into a leading risk management firm is a story of strategic growth, community commitment, and an unwavering dedication to comprehensive risk management. From its inception to its current stature, M3 Insurance has

Mitigating Sinkhole Risks: Essential Tips for Homeowners and Buyers
Insurance Mitigating Sinkhole Risks: Essential Tips for Homeowners and Buyers

Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. Today, he will share his knowledge about sinkholes and their impact on homeowners, especially in areas like Florida where they are more common.

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