Big Data & Analytics

What Is Global Indemnity's New Reinsurance MGA Strategy?
AI & Automation What Is Global Indemnity's New Reinsurance MGA Strategy?

Short introduction Meet Simon Glairy, a renowned expert in insurance and Insurtech, with a sharp focus on risk management and AI-driven risk assessment. Today, we dive into a fascinating conversation about Global Indemnity Group’s latest venture—a new reinsurance managing general agency (MGA)

How Is Octo Telematics Shaping Usage-Based Insurance?
Telematics & IoT How Is Octo Telematics Shaping Usage-Based Insurance?

Imagine a world where car insurance premiums are tailored precisely to how someone drives, rewarding safe habits with lower costs while identifying risky behaviors in real time, and this vision is becoming a reality through advancements in usage-based insurance (UBI). This transformative approach

Trend Analysis: Digital Innovation in Life Reinsurance
Regulatory & Compliance Trend Analysis: Digital Innovation in Life Reinsurance

In an era where technology reshapes every facet of business, the life reinsurance industry stands at a pivotal crossroads, witnessing a seismic shift driven by digital innovation that promises to redefine risk assessment and operational efficiency. This transformation is not merely a trend but a

How Will Jopari and Verisk Transform Medical Claims Processing?
AI & Automation How Will Jopari and Verisk Transform Medical Claims Processing?

In an era where healthcare and insurance industries grapple with mounting inefficiencies, a staggering statistic reveals the depth of the challenge: manual medical claims processing can take hours or even days for a single record review, often resulting in costly delays and errors. This bottleneck

How Do Social Determinants Impact Workers’ Compensation?
Data Analytics How Do Social Determinants Impact Workers’ Compensation?

In today’s complex world of workers’ compensation, a critical yet often overlooked factor can dramatically shape the outcome of a claim, sometimes even more than the injury itself, and that factor is the social determinants of health (SDOH). These non-medical elements, such as income, housing

Insurance Industry Shifts to Specialization for Complex Risks
Data Analytics Insurance Industry Shifts to Specialization for Complex Risks

The insurance industry is undergoing a seismic shift, moving away from traditional, broad-based strategies to highly specialized approaches in response to an increasingly intricate risk environment. With modern challenges such as cyber threats, climate change impacts, and evolving social issues

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