Risk Assessment

Can AI Transform Underwriting in Insurance?
AI & Automation Can AI Transform Underwriting in Insurance?

In an era where digital innovation increasingly drives business functions, iA Financial Group's adoption of the FICO® Platform showcases the transformative potential of artificial intelligence (AI) in the insurance industry. The corporation, which operates within the Canadian insurance and

Virginia Faces Rising Flood Insurance Costs Amidst Increasing Risks
Data Analytics Virginia Faces Rising Flood Insurance Costs Amidst Increasing Risks

Joshua Carroll, a business owner in Big Stone Gap, Virginia, embodies both tragedy and resilience following the havoc wreaked by Hurricane Helene. His establishment stands as a testament to the severe damages brought forth by the storm, which caused immense financial and emotional strain. Yet,

Cowbell Launches Prime One Tech for UK Tech Sector
Digital Insurance Cowbell Launches Prime One Tech for UK Tech Sector

Amid rising cyber threats, UK tech firms face a critical crossroads. With a rapidly evolving landscape, businesses need robust strategies to safeguard against unseen vulnerabilities. This has thrust cyber insurance into the spotlight as an essential component of organizational risk management. Amid

Boosting Health Insurance for Nigerians in Economic Hardships
Data Analytics Boosting Health Insurance for Nigerians in Economic Hardships

Nigeria faces a significant challenge regarding health insurance enrollment, with only 20 million citizens, or 10% of the population, currently covered under health schemes. This alarming statistic was highlighted by Dr. Kelechi Ohiri, Director-General of the National Health Insurance Authority

Wildfire Insurance Dilemma Leaves Homeowners Vulnerable
Data Analytics Wildfire Insurance Dilemma Leaves Homeowners Vulnerable

In the current climate of heightened wildfire risks, an increasing number of homeowners in rural Oregon and Washington face significant challenges in obtaining fire insurance. This issue is starkly represented in the story of Ethelene Gardner of Klickitat County, whose experience highlights a

Marshmallow: Inclusivity & Innovation Elevate Valuation Over $2B
Startups & Investments Marshmallow: Inclusivity & Innovation Elevate Valuation Over $2B

Marshmallow, a UK-based insurtech startup, has recently secured another significant funding milestone with a $90 million injection, driving its valuation to surpass the notable $2 billion mark. This achievement underscores Marshmallow's commitment to addressing the unique financial needs of

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