The insurance sector, long anchored by the weight of paper-based processes and manual data entry, is now confronting an operational revolution driven by autonomous, reasoning-based artificial intelligence. This technological shift is not a distant vision but an unfolding reality, challenging the
For many drivers, purchasing underinsured motorist coverage provides a crucial safety net, a promise of financial protection in the event of an accident with someone who lacks adequate insurance. A recent class action settlement, however, has brought to light allegations that this promise was not
A Strategic Response to the Digital Infrastructure Boom In a decisive move to support the world’s burgeoning digital economy, global insurance broker Marsh has significantly expanded its specialized Nimbus insurance facility, boosting its project cover capacity to a remarkable US$2.7 billion. This
The silent hum of servers powering our interconnected world has become the new heartbeat of the global economy, yet a single power failure could now trigger a financial shockwave far greater than any physical catastrophe. This escalating reality is forcing the insurance industry to fundamentally
Navigating the insurance landscape can feel like a complex puzzle, especially in high-cost states where finding affordable and reliable coverage presents a persistent challenge for homeowners. Kin, a company known for its digital-first approach to home insurance, has stepped into this arena by
A sudden and unexpected announcement from the Trump administration on Tuesday, January 27, sent shockwaves through the health insurance sector, triggering a massive sell-off as investors reacted to a proposed Medicare Advantage payment rate that fell dramatically short of all expectations. The
