Big Data & Analytics

NIA Launches 2025 Innovation Lab for Insurance Transformation
Startups & Investments NIA Launches 2025 Innovation Lab for Insurance Transformation

In a landscape where technology reshapes industries at an unprecedented pace, Nigeria’s insurance sector stands at a critical juncture, grappling with the challenge of meeting the needs of a dynamic and youthful population with a median age of just 18. The Nigerian Insurers Association (NIA) has

How Are AI Exclusions Impacting Insurance Coverage?
Regulatory & Compliance How Are AI Exclusions Impacting Insurance Coverage?

I'm thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, whose deep knowledge of risk management and AI-driven risk assessment has made him a leading voice in navigating the complexities of emerging technologies in the insurance landscape. In this interview, we

How Did Antares Syndicate Achieve Robust Profit Growth?
Data Analytics How Did Antares Syndicate Achieve Robust Profit Growth?

In a world where natural catastrophes and geopolitical tensions continuously test the resilience of the insurance and reinsurance industry, one player stands out with remarkable financial success. Antares Syndicate, operating within the storied Lloyd’s market, has reported a staggering profit of

Insurance Sector Shines Amid Slowing U.S. Capital Inflows
Data Analytics Insurance Sector Shines Amid Slowing U.S. Capital Inflows

In an economic climate fraught with uncertainty, the latest U.S. Treasury International Capital (TIC) data for June reveals a troubling slowdown in private capital inflows, casting a shadow over financial markets. With net foreign inflows amounting to $77.8 billion, a significant disparity

Could a Single Hurricane Cost Insurers Over $100 Billion?
Data Analytics Could a Single Hurricane Cost Insurers Over $100 Billion?

As the Atlantic hurricane season looms each year, a pressing question hangs over the insurance industry: could a single storm unleash financial devastation so severe that insured losses spiral past the staggering $100 billion mark? This scenario, once considered a distant possibility, has come into

How Is AI Revolutionizing Agri-Insurance Risk Modeling?
Digital Insurance How Is AI Revolutionizing Agri-Insurance Risk Modeling?

In an era where agriculture grapples with the unrelenting forces of climate change, unpredictable weather patterns, and escalating economic pressures, the role of insurance as a protective shield for farmers has never been more vital. Traditional methods of risk assessment, often reliant on

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