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
Travel is no longer just about ticking off popular landmarks or lounging on well-trodden beaches; it’s about seeking the extraordinary—diving into uncharted waters, scaling remote peaks, or immersing oneself in untouched cultures. In emerging markets across Southeast Asia, Latin America, and
What does it take for a major European insurer to stake a claim in one of the continent’s smallest markets? In Moldova, a country with an insurance sector contributing less than 2% to GDP—compared to the EU average of 6-7%—Vienna Insurance Group (VIG) has made a striking move by acquiring an 80%
