Global insurance giant Chubb has announced a landmark digital transformation initiative that will leverage artificial intelligence to overhaul its core operations, a move that includes a strategic plan to reduce its global workforce by as much as 20% over the next several years. This sweeping
In an increasingly digitized world where a single hour of cloud service interruption can trigger millions of dollars in losses for large enterprises, the financial risks associated with digital infrastructure failure have become a paramount concern for modern businesses. Addressing this critical
In the highly competitive niche insurance market, maintaining a stable financial outlook while pursuing ambitious growth presents a formidable challenge for smaller, specialized carriers. This delicate balancing act was recently highlighted as AM Best, a global credit rating agency, affirmed the
In a ruling that reverberates through the high-stakes world of mergers and acquisitions insurance, a Delaware court has determined that a $30 million legal victory is not necessarily the final word on the full scope of a company’s financial loss. This decision, stemming from a complex dispute
The very nature of digital risk is undergoing a profound and rapid transformation, compelling a fundamental shift in how organizations perceive and manage their cybersecurity posture. What was once considered a discretionary expense or a safety net for the technologically forward-thinking is now
In an era where corporate leadership is often scrutinized for its lack of connection and transparency, Donna Carr, MetLife’s head of Group Service and Operations, stands out as a compelling example of how authenticity can serve as the bedrock of success for an organization spanning multiple
