On Monday night, the city council reluctantly approved applying for grant funding for a climate risk assessment, intending to secure up to $70,000. This funding would cover 85 percent of the project costs associated with hiring consultants to conduct the assessment. The remaining $12,500 would be
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
Sun Life and IIT Indore are collaborating to revolutionize critical areas in the insurance industry, addressing risk assessment, claims processing, and customer segmentation. By integrating advanced technology, Sun Life aims to enhance client experiences while developing a skilled workforce
In an era where technological advancements are reshaping industries, the partnership between Fadata and FRISS introduces a groundbreaking approach to risk management and fraud detection in the insurance sector. The integration of Fadata's INSIS platform with FRISS's advanced compliance,
The financial implications of recent hurricanes on Universal Insurance Holdings are substantial, with expectations of significant gross losses due to three major hurricanes that recently struck the United States. Authored by Kassandra Jimenez-Sanchez and published on October 29, 2024, in
In an industry traditionally known for its cautious and risk-averse nature, the growing influence of data and technology is undeniably transformative. According to Sierra Signorelli, CEO of Commercial Insurance at Zurich, leveraging advanced data analytics and technology is becoming essential in
