Risk Assessment

FDA Approves Sepsis ImmunoScore AI Tool for Early Detection and Risk
AI & Automation FDA Approves Sepsis ImmunoScore AI Tool for Early Detection and Risk

Sepsis is a severe medical condition triggered by an abnormal immune response to infection, leading to organ dysfunction, high morbidity, and elevated mortality rates. Rapid and accurate diagnosis is critical for effective treatment, particularly with antibiotics, which can significantly improve

Could Poor Anchor Handling Lead to Deadly Risks for Crew Members?
Data Analytics Could Poor Anchor Handling Lead to Deadly Risks for Crew Members?

Anchor handling is a critical operation in maritime activities, requiring precision, expertise, and stringent safety measures. However, when these operations are marred by improvisation and inadequate risk management, the consequences can be dire. This article delves into a tragic incident

How Is Telematics Transforming Car Insurance in Canada?
Telematics & IoT How Is Telematics Transforming Car Insurance in Canada?

In the rapidly evolving landscape of automotive insurance in Canada, telematics technology is emerging as a groundbreaking innovation. By leveraging data collected from vehicles, this technology is revolutionizing how insurance companies assess risk and determine premiums, offering policyholders a

How Can Integrating Risk and Strategy Lead to Sustainable Success?
Data Analytics How Can Integrating Risk and Strategy Lead to Sustainable Success?

In the dynamic world of business, leaders frequently regard strategy and risk as distinct realms—strategy is often celebrated in boardrooms, while risk management is relegated to compliance teams and risk officers. This artificial separation can weaken both disciplines and ultimately hinder

How Will CyberCube and St. Andrews Partnership Transform Cyber Insurance?
AI & Automation How Will CyberCube and St. Andrews Partnership Transform Cyber Insurance?

In a move set to reshape the landscape of cyber insurance, CyberCube, a prominent provider of cyber risk analytics, announced a groundbreaking partnership with St. Andrews Insurance Brokers, a leading retail brokerage in Canada. This collaboration involves the implementation of CyberCube’s Broking

TWIA Increases 2025 Reinsurance Budget by 22% to Address Growing Risks
AI & Automation TWIA Increases 2025 Reinsurance Budget by 22% to Address Growing Risks

As Texas faces growing exposure to hurricanes and severe weather, the Texas Windstorm Insurance Association (TWIA) Board has taken a proactive stance by approving a substantial 22% increase in the reinsurance budget for 2025. This decision was driven by a sharp rise in projected losses, considering

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