Recent findings by ZestyAI, specializing in AI-driven risk analytics for the insurance industry, have revealed that over 12.6 million U.S. properties are at high risk of hail-related roof damage. This potential threat translates to an estimated $189.5 billion in replacement costs, emphasizing the
Belgian insurer Ageas has strengthened its foothold in the UK personal lines insurance market by acquiring Esure from Bain Capital for nearly £1.3 billion. This strategic acquisition is expected to make Ageas the UK's third-largest personal lines insurer. The deal forms part of Ageas’s Elevate27
Embri, an embedded insurance platform, has launched a crowdfunding campaign on Crowdcube to accelerate its growth in the embedded insurance marketplace. This funding round, which is currently in early access and opens to the public at the end of April, aims to support Embri’s expansion across the
The article discusses innovative advancements by Ominimo, a Poland-based insurtech startup, quickly transforming the European insurance industry. Launched just a year ago, Ominimo has established a significant presence in Hungary with over 300,000 car insurance policies issued without external
The continuous imposition of increased tariffs and the evolving global trade policies have significantly impacted the homeowners insurance market, with profound implications for both personal and commercial policyholders. The rising costs of imported goods, including essential materials such as
In an age where technology keeps evolving, so does the landscape of criminal activities. Modern criminals are now using advanced tools to target businesses of all sizes, making crime insurance increasingly relevant. This article explores the importance of crime insurance in protecting businesses
