Risk Assessment

How Will R3 Acquisition by SRG Enhance Specialist Insurance Services?
AI & Automation How Will R3 Acquisition by SRG Enhance Specialist Insurance Services?

Specialist Risk Group (SRG), a notable insurance intermediary with the backing of Warburg Pincus and Temasek, has announced the acquisition of specialist insurance broker R3 in a move set to boost their portfolio significantly. This acquisition marks SRG's eleventh acquisition in 2024,

December 12, 2024
How Can London Improve Its Flood Resilience Amid Climate Change?
Data Analytics How Can London Improve Its Flood Resilience Amid Climate Change?

London, a bustling metropolis with a rich history, faces increasing flood risks due to its unique geographical and urban characteristics. The Greater London Authority (GLA) has initiated a review of the 2018 London Regional Flood Risk Assessment to address these challenges and enhance the

December 9, 2024
Sun Life and IIT Indore Collaborate to Transform Insurance Sector with AI
Data Analytics Sun Life and IIT Indore Collaborate to Transform Insurance Sector with AI

Sun Life and IIT Indore are collaborating to revolutionize critical areas in the insurance industry, addressing risk assessment, claims processing, and customer segmentation. By integrating advanced technology, Sun Life aims to enhance client experiences while developing a skilled workforce

December 4, 2024
Universal Insurance Faces $900M Loss Due to Hurricanes Debbie, Helene, Milton
Data Analytics Universal Insurance Faces $900M Loss Due to Hurricanes Debbie, Helene, Milton

The financial implications of recent hurricanes on Universal Insurance Holdings are substantial, with expectations of significant gross losses due to three major hurricanes that recently struck the United States. Authored by Kassandra Jimenez-Sanchez and published on October 29, 2024, in

November 26, 2024
Can Data and Tech Revolutionize the Insurance Industry’s Future?
Data Analytics Can Data and Tech Revolutionize the Insurance Industry’s Future?

In an industry traditionally known for its cautious and risk-averse nature, the growing influence of data and technology is undeniably transformative. According to Sierra Signorelli, CEO of Commercial Insurance at Zurich, leveraging advanced data analytics and technology is becoming essential in

November 22, 2024
Can AI and Data Analytics Revolutionize Marine Insurance Risk?
Data Analytics Can AI and Data Analytics Revolutionize Marine Insurance Risk?

The marine insurance industry is traditionally known for its complexity and inherent challenges, especially given the fragmented nature of the global shipping market and the numerous geopolitical and climate-related issues impacting it. On October 17, 2024, a strategic partnership was announced

October 18, 2024
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