Fraud Detection & Prevention

Could a Single Hurricane Cost Insurers Over $100 Billion?
Data Analytics Could a Single Hurricane Cost Insurers Over $100 Billion?

As the Atlantic hurricane season looms each year, a pressing question hangs over the insurance industry: could a single storm unleash financial devastation so severe that insured losses spiral past the staggering $100 billion mark? This scenario, once considered a distant possibility, has come into

Cyber Insurance Market Enters Mature Phase with Challenges
Regulatory & Compliance Cyber Insurance Market Enters Mature Phase with Challenges

The cyber insurance landscape has reached a pivotal moment, transitioning into a mature phase that brings both promising opportunities and significant hurdles for organizations worldwide. As digital threats like ransomware and data breaches continue to escalate, the demand for robust coverage has

Aon Sued for Alleged Fraud in Vesttoo Collapse Scandal
Regulatory & Compliance Aon Sued for Alleged Fraud in Vesttoo Collapse Scandal

In a startling development that has gripped the insurance and capital markets sectors, a high-profile lawsuit has been filed in Delaware by the Vesttoo Creditors Liquidating Trust against Aon, a leading global insurance broker, and China Construction Bank (CCB). This legal action centers on Aon’s

How Did Aviva Help Crack a Classic Car Insurance Scam?
Data Analytics How Did Aviva Help Crack a Classic Car Insurance Scam?

What happens when a love for vintage automobiles masks a sinister plot for profit? Picture a world of gleaming chrome and roaring engines, where classic cars are not just vehicles but treasures—until someone exploits that passion for fraud. In a gripping case from the United Kingdom, a cunning

Top Risks for UK SMEs in 2025: Cost-of-Living Still Leads
Data Analytics Top Risks for UK SMEs in 2025: Cost-of-Living Still Leads

In the heart of a bustling UK economy, small and medium-sized enterprises (SMEs) are grappling with a staggering statistic: over half of them still rank the cost-of-living crisis as their primary concern in 2025. This persistent economic strain, coupled with a maze of regulatory changes and

Inside a Week with Insurance PR Expert Vanessa Chance
Data Analytics Inside a Week with Insurance PR Expert Vanessa Chance

Have you ever stopped to consider who shapes the public’s understanding of the insurance industry during moments of crisis or sweeping change? In a world where trust is hard-won and misinformation spreads like wildfire, professionals like Vanessa Chance, Director of Communications at SEC Newgate,

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