In the ever-evolving landscape of the insurance industry, Aspire General Insurance, a California-based personal auto insurance carrier, has encountered substantial hurdles due to its remarkable growth trajectory over recent years. With revenue and claims volume quadrupling, the company found itself
In a region where climate change is accelerating at a pace that outstrips global averages, Southern Africa faces an urgent need for innovative tools to manage the escalating risks of extreme weather events. The South African Climate Index, a groundbreaking collaboration between Old Mutual Insure
In the ever-evolving landscape of the insurance industry, fraud remains a persistent and costly challenge, with losses amounting to billions annually across global markets. Imagine a scenario where sophisticated identity theft and application fraud slip through traditional detection systems,
In an era where data drives decision-making across industries, life insurance underwriting stands at a critical juncture, grappling with the challenge of efficiently processing vast amounts of health information to assess mortality risks. Atlanta-based LexisNexis Risk Solutions has stepped into
Imagine a scenario where every step you take offers a glimpse into your overall health, much like a heartbeat or blood pressure reading provides vital clues to a doctor, and this isn’t a distant dream but a rapidly emerging reality, thanks to the powerful combination of artificial intelligence (AI)
The property and casualty (P&C) insurance sector in the third quarter has revealed a striking paradox: robust financial performance set against a lukewarm market response, creating a complex landscape for insurers and investors alike. With a median earnings per share beat of 15% above consensus
