Regulators

Are Boards Failing at Effective Risk Oversight?
Data Analytics Are Boards Failing at Effective Risk Oversight?

Introducing Simon Glairy, a leading authority in insurance and Insurtech. With a keen focus on risk management, Simon brings invaluable insights into the evolving landscape of board risk oversight. His expertise in AI-driven risk assessment gives him a distinctive perspective on the challenges and

AI Transforms Insurance for Previously Uninsurable Homes
AI & Automation AI Transforms Insurance for Previously Uninsurable Homes

Across the insurance landscape, a groundbreaking shift is occurring as artificial intelligence enables insurers to extend coverage to homes once deemed too risky or outright uninsurable. Advanced AI-driven analytics, particularly those developed by technology innovators like ZestyAI, have redefined

Will Otudeko Lead ABI in Transforming UK Insurance Regulation?
Regulatory & Compliance Will Otudeko Lead ABI in Transforming UK Insurance Regulation?

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,

How Will IB+ Data Hub Transform Insurance Decision-Making?
Regulatory & Compliance How Will IB+ Data Hub Transform Insurance Decision-Making?

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

California Homeowners Sue Insurers for Colluding to Limit Wildfire Cover
Regulatory & Compliance California Homeowners Sue Insurers for Colluding to Limit Wildfire Cover

In a shocking development, two lawsuits have been filed against major home insurance companies in California, including industry giant State Farm, alleging that these companies colluded to reduce coverage in high wildfire-risk areas. Homeowners claim that this forced them onto the state’s FAIR P

Beware Fake Car Insurance Scams on WhatsApp in Utah
Regulatory & Compliance Beware Fake Car Insurance Scams on WhatsApp in Utah

The Utah Department of Insurance has issued a warning about scammers selling fake auto insurance policies via WhatsApp. These fraudsters provide counterfeit proof of insurance using the names of real local agents, leading buyers to believe they have valid coverage when they do not. With the average

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