In recent years, the escalating severity and frequency of natural disasters have catalyzed a reevaluation of traditional insurance models, spotlighting the burgeoning interest in parametric insurance solutions. This innovative approach, which bases payouts on quantifiable data and event parameters
In the world of insurance, unexpected events can serve as both a lesson and a challenge, even for the most seasoned professionals. Simon Glairy, an esteemed expert in insurance and Insurtech, recently faced such a challenge when he dealt with an exorbitant bill after a burst pipe flooded his rental
In recent years, the notion that only coastal homeowners should concern themselves with flood insurance has become increasingly outdated. Climatic changes have led to an escalation in severe storms that can cause significant flooding miles inland, well away from traditional hurricane-prone areas.
With healthcare costs continuously on the rise, many find themselves battling substantial financial strains that even robust primary insurance plans struggle to mitigate. A significant portion of Americans still grapples with out-of-pocket expenses that add up due to deductibles and non-covered
In today's rapidly evolving insurance landscape, the integration of sophisticated climate data into underwriting processes has become crucial. Simon Glairy, a respected authority in the fields of insurance and Insurtech, provides valuable insights into a significant partnership between Cytora and
In the complex landscape of insurance claims, accountability is a cornerstone, especially regarding claims handling. The Green v. Nationwide Mutual Insurance Company case underscores key issues in the industry, particularly the responsibilities of insurers when processing claims. This case
