Data Analytics

How Can Location Data Revolutionize Insurance Pricing?
Data Analytics How Can Location Data Revolutionize Insurance Pricing?

In a world where natural disasters are costing insurers billions annually, with catastrophe losses exceeding $100 billion globally in recent years, a hidden factor could unlock fairer and smarter pricing. Imagine a homeowner in a wildfire-prone area of California paying the same premium as someone

UK Insurers Urgently Adapt to Record Wildfire Surge
Data Analytics UK Insurers Urgently Adapt to Record Wildfire Surge

What happens when a nation synonymous with rain and mist becomes a tinderbox for wildfires? In 2025, the UK is grappling with an unprecedented 700% spike in wildfire incidents compared to last year, a statistic that has sent shockwaves through communities and industries alike, forcing a

Why Did Blackthorn Divest Samphire Risk in CEO-Led Buyout?
Data Analytics Why Did Blackthorn Divest Samphire Risk in CEO-Led Buyout?

Short introduction Meet Simon Glairy, a distinguished expert in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With years of experience navigating the complexities of the London Market, including the operations of Lloyd’s brokers and managing general

Specialty Brokers Key to Closing $2.5 Trillion Protection Gap
Data Analytics Specialty Brokers Key to Closing $2.5 Trillion Protection Gap

The Urgency of Addressing the Global Protection Gap Imagine a world where natural disasters, cyberattacks, and geopolitical crises strike with increasing frequency, yet only a fraction of the resulting economic losses are covered by insurance. This is the reality of the staggering $2.5 trillion

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

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