Setting the Stage: The Soft Market Challenge in Insurance The insurance industry finds itself grappling with a seismic shift as soft market conditions intensify competition, drive down premiums, and squeeze profit margins across the board. With insurers vying for market share in an environment
I'm thrilled to sit down with Simon Glairy, a leading authority in insurance and Insurtech, whose deep expertise in risk management and AI-driven risk assessment offers a unique lens on the evolving landscape of surplus lines. Today, we’re diving into the dynamic shifts in Illinois’s surplus lines
In an era where technology dictates the pace of business, a staggering statistic emerges: since early 2025, over 60 securities class actions related to artificial intelligence (AI) and cyber breaches have been filed against major corporations, underscoring a critical shift in the executive
In a world where natural disasters are costing insurers billions annually, with catastrophe losses exceeding $100 billion globally in recent years, a hidden factor could unlock fairer and smarter pricing. Imagine a homeowner in a wildfire-prone area of California paying the same premium as someone
What happens when a nation synonymous with rain and mist becomes a tinderbox for wildfires? In 2025, the UK is grappling with an unprecedented 700% spike in wildfire incidents compared to last year, a statistic that has sent shockwaves through communities and industries alike, forcing a
Short introduction Meet Simon Glairy, a distinguished expert in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With years of experience navigating the complexities of the London Market, including the operations of Lloyd’s brokers and managing general
