What if the cost of insuring a van suddenly became far more affordable, while car owners continue to face skyrocketing premiums? In the UK, this scenario is unfolding as van insurance premiums have plummeted by over 20% in just one year, reshaping the landscape for van owners and businesses. This
As industries worldwide grapple with the urgent need to shift toward sustainable practices, a significant barrier has emerged in the form of inadequate insurance coverage for transition risks. These risks, tied to the adoption of environmentally friendly technologies and processes in line with
In a chilling reminder of how geopolitical tensions can infiltrate civilian life, a recent flight carrying European Commission President Ursula von der Leyen to Plovdiv, Bulgaria, encountered a severe disruption of its GPS navigation system, forcing the crew to navigate using paper maps for a safe
Nigeria's maritime industry stands at a critical juncture, grappling with an outdated financial burden that threatens its global competitiveness, as the federal government intensifies its plea for the removal of war risk insurance premiums on ships entering its waters. These premiums, initially
Imagine a scenario where over a million people suddenly find themselves at risk of identity theft and financial fraud due to a single cybersecurity failure at a trusted insurance provider. This alarming reality unfolded at Farmers Insurance Exchange, where a massive data breach compromised the
In the heart of Southeast Asia, Singapore stands as a beacon of technological advancement, yet this digital prowess comes with a darker side—an unprecedented wave of cybercrime that has left individuals reeling from financial losses exceeding $1.1 billion in 2024. As online scams, identity theft,
In an era where digital threats loom larger than ever, businesses across the globe face the harsh reality of data breaches as an almost unavoidable part of operations, prompting a significant shift in strategy. Cybersecurity leaders, once quick to respond to attacks by significantly increasing
The landscape of small business risk management is facing a seismic shift as new Internal Revenue Service (IRS) regulations target microcaptive insurance arrangements, prompting legal battles and raising questions about the future of such strategies. A Texas-based company, Drake Plastic Products
The moment a police car's lights flash in the rearview mirror, a driver's heart sinks, knowing that a traffic violation could mean more than just a fine or a mark on their record. These infractions, whether for speeding, distracted driving, or more severe offenses like DUIs, carry a hidden cost
Welcome to an insightful conversation on the evolving world of cybersecurity and risk management. Today, we’re joined by Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. With cyber threats becoming a pressing concern for
