Imagine a world where insurance companies lose billions of dollars each year to cunning fraudsters who exploit every loophole with sophisticated schemes, leaving honest policyholders to bear the burden of higher premiums. This is not a distant scenario but a stark reality, with the FBI estimating
In an era where digital threats loom larger than ever, businesses across the globe face the harsh reality of data breaches as an almost unavoidable part of operations, prompting a significant shift in strategy. Cybersecurity leaders, once quick to respond to attacks by significantly increasing
The landscape of small business risk management is facing a seismic shift as new Internal Revenue Service (IRS) regulations target microcaptive insurance arrangements, prompting legal battles and raising questions about the future of such strategies. A Texas-based company, Drake Plastic Products
The moment a police car's lights flash in the rearview mirror, a driver's heart sinks, knowing that a traffic violation could mean more than just a fine or a mark on their record. These infractions, whether for speeding, distracted driving, or more severe offenses like DUIs, carry a hidden cost
Welcome to an insightful conversation on the evolving world of cybersecurity and risk management. Today, we’re joined by Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. With cyber threats becoming a pressing concern for
Marine insurance, a field historically tied to the perils of ocean voyages and cargo ships, is undergoing a profound transformation as it adapts to the complexities of today's global economy, expanding far beyond traditional maritime mishaps. No longer confined to sea-based incidents, the industry
