As we dive into the complex world of insurance and risk management, I’m thrilled to be joined by Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. With litigation costs soaring and terms like "social inflation" and
Introduction to the Review Imagine a scenario where a devastating storm sweeps through a coastal town, leaving hundreds of businesses and homeowners grappling with property damage, and yet, within hours, claims are filed, assessed, and processed without a single paper form being filled out. This is
In an era where cyber threats loom larger than ever, U.S. businesses face staggering losses, with the average cost of a cyberattack reaching $4.88 million per incident according to recent data, making it imperative to adopt a strategic approach. These risks often seem intangible, a distant concern
Introduction to Ethical Broking and Third Sector Challenges Imagine a small charity in a bustling community, tirelessly working to support vulnerable families, only to face a devastating cyberattack that compromises sensitive donor data. Such scenarios are increasingly common for third sector
Setting the Stage for a Data-Driven Insurance Era Imagine a scenario where a simple smartwatch on your wrist could slash your life insurance premiums by directly reflecting your daily health choices, a concept that is no longer a distant vision but a tangible shift unfolding in the life insurance
Imagine a world where insurance fraud, costing the industry billions annually, is intercepted before a single false claim is paid out, thanks to the rapid advancements in artificial intelligence. This scenario is no longer a distant dream but a tangible reality. In an era where fraudulent schemes
