What Lessons Should Be Learn the Insurance Industry After Russia’s Seizure of EU Aircrafts?
The risk of a prolonged Russian invasion of Ukraine will further complicate the resolution of aircraft leasing insurance claims which would take years to settle
Why Female Millennials Are Often Left Out of the Life Insurance?
Female millennials are often left out of the insurance conversation. In a world striving for financial equality, solving this problem is critical, and from a commercial perspective
September 30, 2022
4 minute read
Cybersecurity and the Cyber Insurance Market. How to Reduce the Impact of Cybercrime?
The frequency and severity of cyberattacks are ever increasing. Data breaches to steal personal information occur daily, but only the largest make the news
September 29, 2022
6 minute read
Cyber Insurance and Cyber Risk: Adding Value & Opportunity for Insurers
Cyber risk is a major driver of operational risk and that businesses and individuals are looking to the insurance industry to provide coverage for the cyber risks they face
How Global Insurers are Implementing Innovative Approaches to Investing?
A resilient portfolio construction, liquidity management, and integrated technology are becoming the focus of global insurers as they work on innovating investment approaches
September 29, 2022
4 minute read
U.S. Home Insurers Have of the Highest Level of Catastrophe Exposure to Hurricane Ian
The nationwide homeowners insurance giants in the U.S. have some of the highest level of catastrophe exposure to hurricane Ian, which is currently forecast to reach Florida
September 28, 2022
4 minute read
How Technology Can Help to Tackle Insurance Fraud?
The total cost of insurance fraud is estimated to be more than $40 bn per year. That means Insurance Fraud costs the average family between $400 and $700 per year
Artificial Intelligence in Insurance. How Does AI Technology Impact on Insurance Industry?
Some experts believe that artificial intelligence (AI) could completely disrupt the insurance industry as we know it. So what does the future hold for insurers?
Insurance for Crypto Assets. How Does Crypto Insurance Coverage Helps Mitigate Against Losses?
For the digital asset market, insurance has proved something of a conundrum. As the sector has surged in value, the need for coverage has grown, but it has not proven easy
Blockchain continues to be a hot topic in the business world and news. Many people have heard of blockchain but may not be familiar with what it actually is
Insurance Claims Management. How Big Data & AI Technology Helps InsurTech?
The digitisation of claims management is a fundamental aspect of a modern and robust insurance operating model – but many insurers are still limited to using legacy systems
How Insurers and InsurTechs Can Transform Insurance Platforms? Core Transformation Missteps
As insurance carriers modernize their core platforms and other technical underpinnings, they would be remiss to ignore how industries like banking have approached change
How Do Insurance Markets Respond to Inflation? Negative Effects of Inflation on the Insurance
The insurance industry is often described as “recession proof” but it’s definitely not inflation-proof. We’ll try to cover the what, why, and how of inflation
NFT Thefts and Financial Crime. Types of Scams in Non-Fungible Tokens
The prevalence of scammers on online NFT communities remains a key issue for traders and marketplaces, and can result in millions of dollars worth of asset losses with a few seconds
NFT Use Cases: Digital Artwork, Fundraising, Metaverse, Exclusive Membership & Gaming
NFT marketplaces must be proactive in risk management to mitigate these repetitional risks and issues. Sanctions screening solutions are also becoming increasingly essential for NFT-based platforms
How International Financial Reporting Standards (IFRS) 17 Will Reshape Insurance Accounting?
IFRS 17 requirements could result in accounting mismatches and volatilities in profit and loss—a direct consequence of the insurer’s reinsurance management strategy entered
How Florida’s Insurance Market Could to Respond to a Repeat of a Category 5 Hurricane Andrew?
Because of significant exposure growth, the impact of social inflation, and climate change complications, Florida’s insurance market could struggle to respond to a repeat of a Category 5 hurricane
7 Main Types of Insurance for You Need. Why is it Important to Have Insurance Coverage?
Insurance policies can cover up medical expenses, vehicle damage, loss in business or accidents while traveling. Life Insurance and General Insurance – major types of insurance
FDIC Deposit Insurance for Crypto Assets: Products, Risks, Coverage
Some customers of crypto companies, such as crypto custodians, exchanges, brokers, wallet providers, and neobanks may be confused about Insurance Coverage
