As the world becomes more dependent on the digital realm, the risk of cybercrimes is escalating at an alarming rate. Despite the alarming magnitude of the risk involved, cyber insurance is yet to be universally adopted. With the market presently...
In an increasingly digital world, cyber threats are a pressing concern. Businesses of all sizes are at risk and cyber insurance provides a safety net against such threats. As the cyber insurance market continues to grow, understanding what to look...
Technology and data are driving a quiet revolution in insurance underwriting. Traditional underwriting models are being complemented by automated tools, providing instant decisions based on vast amounts of data - leading to more precise rates, better fraud detection, and improved...
This article navigates through complexities of business interruption insurance during pandemics. It discusses the tug of war between policyholders and insurers as to what constitutes 'physical damage' and what coverage is appropriate. Looking forward, adequate pandemic coverage and preparedness plans...
The rise of insurtech is drastically transforming the property insurance sector. Technologies such as Artificial Intelligence (AI), Blockchain, and Internet of Things (IoT) are enabling personalized coverage, real-time risk assessment, and transparent transactions. However, challenges related to job security, integration...