Climate change has evolved from a distant concern into an immediate crisis that is fundamentally altering the housing and insurance landscapes in vulnerable states like Hawaii and California, where rising sea levels, intensifying wildfires, and frequent extreme weather events threaten the
In the face of skyrocketing auto insurance premiums that have long burdened Florida drivers, a significant shift has emerged with the implementation of a groundbreaking litigation reform law known as HB 837, enacted a couple of years ago. This legislative change has sparked hope among consumers and
As we dive into the complex world of insurance and risk management, I’m thrilled to be joined by Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. With litigation costs soaring and terms like "social inflation" and
Introduction to the Review Imagine a scenario where a devastating storm sweeps through a coastal town, leaving hundreds of businesses and homeowners grappling with property damage, and yet, within hours, claims are filed, assessed, and processed without a single paper form being filled out. This is
The auto insurance industry is grappling with an unprecedented wave of financial and operational challenges that threaten both profitability and the ability to meet policyholder expectations, while inflation, supply chain bottlenecks, and escalating healthcare expenses squeeze insurers from every
The insurance industry stands on the brink of a technological revolution, driven by the remarkable capabilities of artificial intelligence (AI) to redefine the foundational processes of underwriting and claims handling. As insurers grapple with ever-growing volumes of data and the demand for
