Data Analytics

Florida Lawmakers Probe AI Fairness in Insurance Industry
Data Analytics Florida Lawmakers Probe AI Fairness in Insurance Industry

In Florida, the rapid integration of artificial intelligence (AI) into the insurance sector has ignited a critical debate among lawmakers, industry leaders, and regulators, who are grappling with the technology's potential to revolutionize operations while posing significant risks to consumer

Saudi Arabia Health Insurance Market to Grow by 2034
Data Analytics Saudi Arabia Health Insurance Market to Grow by 2034

The health insurance landscape in Saudi Arabia is on the cusp of a transformative era, with projections indicating a remarkable surge in market value from USD 6.78 billion in 2024 to an impressive USD 11.58 billion by 2034, reflecting a steady compound annual growth rate (CAGR) of 5.50%. This

Insurance Industry Lags in Adapting to Climate Risks
Data Analytics Insurance Industry Lags in Adapting to Climate Risks

As climate change accelerates the frequency and severity of natural disasters, the insurance industry faces an unprecedented challenge in safeguarding property and financial stability against escalating risks. Wildfires are creeping closer to urban centers, hailstorms are inflicting damages worth

Veteran Firm Invests in Moonrock for Drone Insurance Growth
Data Analytics Veteran Firm Invests in Moonrock for Drone Insurance Growth

In an era where the skies are increasingly populated by drones and innovative aerial technologies, a groundbreaking investment has captured the attention of the insurance industry. Minority Broker Partnerships (MBP), a firm backed by seasoned insurance veteran Peter Cullum, has taken a significant

Are Global Risks Rising with Societal Fragmentation?
Data Analytics Are Global Risks Rising with Societal Fragmentation?

I'm thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, whose deep knowledge of risk management and AI-driven risk assessment offers invaluable insights into today’s complex global landscape. With the latest AXA Future Risks Report shedding light on rising public

Are Aviation Insurers Ready for Drone Disruption Risks?
Data Analytics Are Aviation Insurers Ready for Drone Disruption Risks?

Imagine a major European airport grinding to a halt, with thousands of passengers stranded and flights canceled, all because of a tiny, unauthorized drone hovering nearby, as happened at Munich Airport earlier this year. There, 17 flights were canceled and 15 diverted due to drone sightings,

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