In an intriguing development, businesses worldwide have ramped up their focus on dynamic risk management practices in response to a profound period of economic uncertainty and escalating geopolitical tensions. With the complexities of modern supply chains and financial systems intensifying,
The financial landscape of the insurance sector is undergoing profound changes, marked by a significant rise in Insurance Premium Tax (IPT) collections. Within this dynamic environment, IPT receipts have soared to £1.48 billion as of May 2025, reflecting a £50 million increase from the previous
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 major retailers reel from cybercrimes costing them hundreds of millions, the insurance sector scrambles to adapt. Just how vulnerable is the business world to these threats, and what steps are being taken to shield against potential future catastrophes? The Unseen Threat Looming Over Retail
Industries worldwide confront a critical crossroad as the world grapples with climate change, and none more so than the insurance sector. The mounting urgency for environmental responsibility has collided with the foundational tenets of profitability, catalyzing a reevaluation of conventional
In recent years, micro-captive insurance has garnered significant attention due to its intricate balance between legitimate tax advantages and increased regulatory scrutiny. Central to this discussion is the 831(b) tax election, part of the 1986 Tax Reform Act, originally designed to support small,
