In a move that has significantly influenced the property insurance landscape, Florida's 2023 reforms have ushered in notable changes to the market, offering solutions to previously entrenched problems. The influx of over a dozen new insurance companies entering the state stands as a testament to
In recent years, artificial intelligence has become an increasingly prominent tool for businesses aiming to streamline operations and enhance productivity. With its ability to manage and automate complex tasks, many are exploring the feasibility of AI entirely replacing traditional business
In an exciting move within the insurance industry, Allianz Commercial has announced the appointment of Elke Vagenende as its new chief client officer. With an impressive background in underwriting, broking, and risk management, Vagenende is well-prepared to lead the company's global client
As the financial landscape continues to emphasize transparency, Cutter Financial Group LLC has found itself under scrutiny by the US Securities and Exchange Commission (SEC) following controversial post-verdict statements. The SEC's recent move to involve a federal court is a development drawing
Automation allows companies to eliminate repetitive tasks and free up time to focus on more strategic and impactful work. For this reason, insurers are increasingly moving away from the manual way of working and introducing automated underwriting. This shift enables insurance companies to control
In today's digital arena, where technology is drastically changing, few fields harbor both potential and innovation quite like Insurtech. This is where Simon Glairy stands out with his exceptional expertise in risk management and AI-driven assessment. As a globally recognized expert, Simon
With cyberattacks on insurance companies surging by a staggering 200% in recent months, the threat landscape has taken on a new dimension. Experts and industry insiders are left pondering a critical question: Are these attacks part of a larger, coordinated effort to destabilize the sector? Shedding
Simon Glairy stands at the forefront of insurance innovation, blending the realms of risk management with cutting-edge AI technologies. As an expert in the field, Simon sheds light on the latest BIBA guide, designed to help insurance brokers navigate the complex world of AI. The guide arrives at a
In a transformative step for the insurance sector, a new managing general agent (MGA) named Augmented UW Ltd. makes its debut by introducing cutting-edge technology to the London insurance market. Founded by Daniel Prince, a visionary who previously held the position of CEO at Rethink Underwriting,
Micro-captive insurance companies have come under significant scrutiny following recent changes in IRS regulations and reporting requirements aimed at intensifying oversight. This heightened scrutiny is compelling organizations to reevaluate and restructure their risk management strategies to
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