Nigeria's maritime industry stands at a critical juncture, grappling with an outdated financial burden that threatens its global competitiveness, as the federal government intensifies its plea for the removal of war risk insurance premiums on ships entering its waters. These premiums, initially
In a landmark move for Nigeria's financial landscape, a transformative piece of legislation has recently been signed into law by President Bola Tinubu, promising to reshape the insurance sector in profound ways. Enacted on August 5, this new legal framework introduces sweeping reforms aimed at
Imagine a scenario where over a million people suddenly find themselves at risk of identity theft and financial fraud due to a single cybersecurity failure at a trusted insurance provider. This alarming reality unfolded at Farmers Insurance Exchange, where a massive data breach compromised the
In the heart of Southeast Asia, Singapore stands as a beacon of technological advancement, yet this digital prowess comes with a darker side—an unprecedented wave of cybercrime that has left individuals reeling from financial losses exceeding $1.1 billion in 2024. As online scams, identity theft,
Imagine a world where insurance companies lose billions of dollars each year to cunning fraudsters who exploit every loophole with sophisticated schemes, leaving honest policyholders to bear the burden of higher premiums. This is not a distant scenario but a stark reality, with the FBI estimating
Welcome to an insightful conversation with Simon Glairy, a distinguished expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. With years of experience navigating the complexities of the global insurance landscape, Simon brings a unique perspective
