AI Risk Evaluation

Trend Analysis: AI in Insurance Transformation
AI & Automation Trend Analysis: AI in Insurance Transformation

Artificial Intelligence (AI) has emerged as a powerful force reshaping various industries, and the insurance sector is no exception. With the rise of intelligent systems and increased demand for digital transformation, AI's role in revolutionizing insurance practices is significant. Its ability to

Are Micro-Captives Thriving or Merely Tax Avoidance Tools?
Data Analytics Are Micro-Captives Thriving or Merely Tax Avoidance Tools?

The world of micro-captive insurance companies, particularly those utilizing the 831(b) tax election, has become a focal point of regulatory scrutiny and industry debate. Originally devised to assist small insurance enterprises, especially those in agricultural domains with limited access to

Is Generative AI Revolutionizing Insurance?
AI & Automation Is Generative AI Revolutionizing Insurance?

In an ever-evolving landscape, the insurance industry is witnessing a transformative shift driven by generative AI technologies. These advanced tools, similar to those powering conversational agents like ChatGPT, are reshaping traditional practices in underwriting, customer interactions, and claims

Lemonade Halts Home Insurance in Texas Over Climate Risks
Data Analytics Lemonade Halts Home Insurance in Texas Over Climate Risks

Amid the relentless surge of climate-related disasters, Lemonade has taken a strategic step by halting home insurance policies in high-risk Texas counties. This bold move illustrates a pivotal shift in the insurance industry, driven by an urgent need to adapt to escalating climate challenges. The

GEICO Sues Best Care Pharmacy Over Alleged $3.5M Fraud Scheme
Data Analytics GEICO Sues Best Care Pharmacy Over Alleged $3.5M Fraud Scheme

In the complex world of insurance disputes, few cases have drawn as much industry attention as the ongoing lawsuit by GEICO against a Brooklyn pharmacy. Here to break down the intricacies of this legal battle is Simon Glairy, an expert in insurance law and Insurtech, particularly adept at

Are You Prepared for Fiduciary Challenges in Employee Benefits?
Data Analytics Are You Prepared for Fiduciary Challenges in Employee Benefits?

In a rapidly changing landscape of employer-sponsored benefit plans, fiduciary risk management is gaining attention beyond its traditional ties to retirement plans. Simon Glairy, an expert in risk management and AI-driven risk assessment, offers insights into the shifting fiduciary responsibilities

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