In a noteworthy shift in the UK insurance industry, David Otudeko's new position as Director of Regulation at the Association of British Insurers (ABI) is expected to have significant implications. Since joining the ABI in June 2021 as Assistant Director and Head of Prudential Regulation,
The commercial auto insurance industry is undergoing a fundamental transformation under the influence of cutting-edge technological advancements. This evolution reshapes traditional underwriting processes by not only digitizing previously manual tasks but also redefining how insurers evaluate risk,
Cork Protection is reshaping how small to medium-sized businesses (SMBs) access cyber insurance by providing specialized solutions specifically designed for managed service providers (MSPs) and managed security service providers (MSSPs). In an era marked by an upsurge in ransomware and
The current state of Nigeria's insurance industry is at a crucial juncture, where enforcing compliance is seen as essential for revitalizing the sector. The National Insurance Commission (NAICOM) is at the forefront of this effort, led by Commissioner Olusegun Omosehin, who has articulated a
In the insurance industry, it is essential to have accurate and timely information to make sound decisions that sustain competitiveness and ensure compliance. Given the industry's complexity and constant regulatory changes, professionals require more than raw data. They need intelligent
The advent of artificial intelligence (AI) has significantly transformed industries, including the cyber insurance sector. However, new regulations governing the use of AI are creating fresh challenges and necessitating innovative solutions within the insurance domain. This article delves into the
