Phoenix Financial Ltd., an Israel-based financial, insurance, and investment group, has announced an impactful Loss Portfolio Transfer (LPT) reinsurance agreement with Ayalon Insurance Company Ltd. This move represents a significant expansion of Phoenix's Property and Casualty (P&C) insurance
In an industry where navigating through volatility while seizing opportunities defines success, Helios Underwriting announced an anticipated £484 million capacity for its 2025 Lloyd's syndicate portfolio, a 5% reduction from £512 million in 2023. The strategic adjustments following the 2024
Mage Data, a prominent provider in the field of data privacy and security solutions, has recently been recognized as a leader in data masking solutions by the QKS Group. This recognition, reported on December 17, 2024, through a press release from GlobeNewswire, highlights Mage Data's advanced
In a move set to reshape the landscape of cyber insurance, CyberCube, a prominent provider of cyber risk analytics, announced a groundbreaking partnership with St. Andrews Insurance Brokers, a leading retail brokerage in Canada. This collaboration involves the implementation of CyberCube’s Broking
Wearable sweat sensors are at the forefront of health technology, offering an innovative, non-invasive way to monitor a variety of crucial health indicators. Companies such as Flowbio are pioneering this cutting-edge field with products that deliver real-time data derived directly from
Specialist Risk Group (SRG), a notable insurance intermediary with the backing of Warburg Pincus and Temasek, has announced the acquisition of specialist insurance broker R3 in a move set to boost their portfolio significantly. This acquisition marks SRG's eleventh acquisition in 2024, following
There’s no debate about the importance of insurance in our daily lives. Insurance companies evaluate the risks people face every day, and as it turns out, almost anything and everything can be and is insured. From athletes insuring specific body parts to Lloyd’s providing insurance against alien
Caltech has made a significant breakthrough in wearable health technology with the development of solar-powered sweat sensors. These innovative devices, designed under the guidance of Wei Gao, assistant professor of medical engineering at Caltech, gather vital health information through
London, a bustling metropolis with a rich history, faces increasing flood risks due to its unique geographical and urban characteristics. The Greater London Authority (GLA) has initiated a review of the 2018 London Regional Flood Risk Assessment to address these challenges and enhance the city's
Fitbit's introduction of Cardio Load and Target Load metrics is a significant advancement designed to enhance users' understanding of their cardiovascular health and optimize workout routines. Cardio Load measures the cumulative strain on the cardiovascular system from workouts, allowing users to
