Risk Assessment

How Does CSRD Impact Business Sustainability and Reporting?
Regulatory & Compliance How Does CSRD Impact Business Sustainability and Reporting?

In the ever-evolving landscape of corporate sustainability, the Corporate Sustainability Reporting Directive (CSRD) emerges as a crucial framework that businesses must navigate to align with regulatory standards. The directive mandates comprehensive reporting on sustainability matters, urging

Can AI Revolutionize Non-Weather Water Risk Assessment for Insurers?
Regulatory & Compliance Can AI Revolutionize Non-Weather Water Risk Assessment for Insurers?

The insurance industry is witnessing an alarming trend: the increasing frequency and severity of non-weather-related water and freeze claims. Traditional methods of risk assessment are proving inadequate in the face of rising repair costs and complex property layouts. Enter ZestyAI—a leading

Is the Legacy Insurance Market Transforming with Modern Technology?
AI & Automation Is the Legacy Insurance Market Transforming with Modern Technology?

The legacy insurance market, traditionally viewed through the lens of financial distress due to historical claims and outdated practices, is undergoing a remarkable transformation. Driven by various catalysts, including regulatory changes, private equity investments, and technological advancements,

How Will Telematics Change the Future of Motor Insurance?
Telematics & IoT How Will Telematics Change the Future of Motor Insurance?

The advent of telematics technology promises to revolutionize the motor insurance industry, bringing about significant changes in how risk is assessed, driving habits are monitored, and premiums are set. By installing devices in vehicles to collect and transmit real-time data, telematics offers a

Congress Democrats Demand NAIC Update on Insurance Climate Risks
Regulatory & Compliance Congress Democrats Demand NAIC Update on Insurance Climate Risks

The insurance industry is under increasing scrutiny from Congressional Democrats, who are urging swift action to incorporate climate-related risks into regulatory frameworks. This move reflects a heightened awareness of the profound economic and societal impacts of climate change and aims to

How is Clearspeed Revolutionizing Risk Assessment in Insurance?
Data Analytics How is Clearspeed Revolutionizing Risk Assessment in Insurance?

The rapidly evolving insurance industry faces myriad challenges, from fraud detection to improving customer experiences. Clearspeed, an innovative player in the InsurTech space, is at the forefront of addressing these challenges with cutting-edge technology. This article delves into how Clearspeed

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