The insurance industry is being drastically altered by climate change, with insurers and reinsurers facing high-cost catastrophic events and changing risk landscapes. The future of insurance lies with companies that adapt effectively to this new reality, through technology, policy advocacy,...
Cyber insurance has evolved from a niche concept into an absolute necessity. But just as the threat landscape is constantly changing, so is the insurance landscape - facing challenges in pricing and efficacy. It's no longer enough to have recovery...
Climate change is drastically transforming the risk landscape that the insurance industry operates in. The frequency and intensity of natural disasters pose major challenges for insurers. An increase in liability cases, rising sea levels and an increase in mortality rates...
The rapid escalation of cybercrimes has led to a surge in the demand for cyber insurance. However, the rapidly evolving landscape of cyber threats has made the cyber insurance market a minefield that is difficult to navigate. This article explores...
Insurtech is rapidly transforming the conventional landscape of the insurance sector, by making underwriting processes, claims processing, and customer services more efficient. Despite the challenges like resistance to change and data security issues, the adoption of insurtech is becoming a...