Risk Assessment

Wearables Revolutionize Life Insurance Underwriting Models
Data Analytics Wearables Revolutionize Life Insurance Underwriting Models

Setting the Stage for a Data-Driven Insurance Era Imagine a scenario where a simple smartwatch on your wrist could slash your life insurance premiums by directly reflecting your daily health choices, a concept that is no longer a distant vision but a tangible shift unfolding in the life insurance

Are Flood Insurance Limits Enough for Rising Risks?
Regulatory & Compliance Are Flood Insurance Limits Enough for Rising Risks?

What happens when a sudden deluge turns a thriving business into financial ruin, and the insurance policy meant to protect falls short by millions? For countless commercial property owners across the United States, this nightmare is not just a possibility but a pressing concern that keeps them

Is the Marine Insurance Market at a Turning Point in 2024?
AI & Automation Is the Marine Insurance Market at a Turning Point in 2024?

Today, we’re thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. With years of experience navigating the complexities of the marine insurance market, Simon offers unparalleled insights into the

ICEYE Unveils Tool for Earthquake and Fire Damage Assessment
Regulatory & Compliance ICEYE Unveils Tool for Earthquake and Fire Damage Assessment

In a world where natural disasters strike with increasing frequency and ferocity, the ability to swiftly and accurately assess damage is more critical than ever, especially in regions prone to complex multi-hazard events like earthquakes followed by devastating fires. A pioneering solution has

AI-Driven Fraud Detection – Review
Data Analytics AI-Driven Fraud Detection – Review

Imagine a world where insurance fraud, costing the industry billions annually, is intercepted before a single false claim is paid out, thanks to the rapid advancements in artificial intelligence. This scenario is no longer a distant dream but a tangible reality. In an era where fraudulent schemes

Trend Analysis: Renewable Energy Policy Impacts
Regulatory & Compliance Trend Analysis: Renewable Energy Policy Impacts

Introduction In a startling turn of events, renewable energy investments have plummeted by a staggering $20.5 billion, representing a 36% decline in just the first half of this year, as reported by BloombergNEF. This dramatic downturn underscores the profound influence of recent policy shifts on an

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