Cascading extreme weather events unleash billions in damages globally
First came a dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South Carolina were consumed by voracious flames.
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Solvency under scrutiny: Stress tests and regulatory updates
The primary objective of Solvency II was to create a risk-based regulatory framework.
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8 core principles for ethical AI in insurance
AI solutions must remain ethical, secure, and compliant with industry standards, exceeding regulatory requirements to maintain trust.
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Federal flood insurance at risk of lapsing yet again
The National Flood Insurance Program, estimated to cover over 4 million homeowners, is set to lapse next Friday along with the federal budget.
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Meet the insurtech: Cytora
The insurtech enables brokers, insurers and reinsurers to optimize risk workflows by digitizing risk intake.
Continue ReadingMeet the insurtech: Patra
Patra provides services for property and casualty, employee benefits and commercial insurance.
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Property-insurance premiums rise a record amount
The jump, which represents an ICE Mortgage Technology survey high, reflects the past cost of natural disasters like hurricanes in the Southeast.
Continue ReadingAllianz exec leads on tech for global trade coverage
Artur Wisniewski, the new COO of Allianz Trade, talks about how the trade credit arm of the insurer, which covers corporate business transactions, developed a new platform to improve claims and premium collection.
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Meet the insurtech: Elysian
Elysian is building technology to serve claims professionals and combat antiquated claims tech systems.
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Meet the insurtech: Findevor
The agentic AI platform addresses annual revenue and cost inefficiencies.
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