In a transformative step for the insurance sector, a new managing general agent (MGA) named Augmented UW Ltd. makes its debut by introducing cutting-edge technology to the London insurance market. Founded by Daniel Prince, a visionary who previously held the position of CEO at Rethink Underwriting,
Canadian agricultural insurance currently grapples with a multifaceted crisis marked by capacity constraints, escalating costs, and evolving farm landscapes. These challenges render the traditional insurance model increasingly inadequate, prompting an urgent need for systemic reform and innovative
Europe's escalating battle with intense heatwaves and wildfires is reshaping traditional economic models and insurance dynamics, underlining the urgent need for adaptation and resilience strategies across the continent. Confronting Climate-Induced Economic Strain The relentless surge in extreme
Rising insurance premiums and geopolitical uncertainties are reshaping the maritime industry, with insurers cautious about covering vessels linked to the U.S., U.K., and Israel in Middle Eastern waters. As global shipping faces new challenges, understanding these dynamics offers keen insight into
How prepared are you if your business were next? The recent high-profile cyberattack on Marks & Spencer (M&S) has left this lingering question in the minds of decision-makers across industries. This breach provides a reality check about the omnipresent threat of cybercrime against established
What factors make modern construction projects increasingly complex in terms of insurance needs, and how is the industry adapting to these challenges? In recent years, natural disasters have significantly impacted construction globally, with events in 2024 alone causing over $368 billion in
