In the first half of this year, insurance mergers and acquisitions (M&A) activity plummeted to a historic low, with deal volumes dropping by over 30% compared to the previous year, according to industry reports. This stark decline paints a vivid picture of an industry grappling with unprecedented
Artificial intelligence (AI) is fundamentally changing the landscape of the auto insurance industry, driving a shift from cumbersome, traditional methods to streamlined, data-powered systems that promise unmatched efficiency and personalization. This transformation impacts every aspect of the
The insurance industry stands at a pivotal moment, where cutting-edge technologies like artificial intelligence (AI) are redefining traditional sectors and introducing unprecedented risks that challenge conventional approaches. Among the leaders in this transformation is Berkshire Hathaway
In a landscape where the insurance industry grapples with fluctuating market conditions and unpredictable risks, CNA Financial Corporation has emerged with a compelling story of resilience and strategic focus in its second-quarter performance of the current year. Amidst a backdrop of economic
I'm thrilled to sit down with Simon Glairy, a leading expert in insurance technology and risk management, with a deep focus on AI-driven risk assessment. With years of experience in the Insurtech space, Simon has been at the forefront of innovating solutions to tackle the growing challenges of
The devastating floods that swept through Texas in early July serve as a grim reminder of nature's destructive power, claiming over 130 lives, displacing thousands of residents, and wreaking havoc on infrastructure with damages estimated in the billions. Such catastrophic events underscore how
