Despite a drop in overall insurtech funding to $912 million, its lowest since Q1 2020, early-stage funding and AI-centered insurtechs are attracting investment, Gallagher Re observed.
Exploring the transformative power of technology in risk management, Redhand Advisors 2024 RMIS report highlights 2024’s top trends among users and vendors
Amid declining claim frequency and moderate claim severity changes, workers’ compensation insurance sees a notable decrease in bureau loss costs, the NCCI reports.
Commercial real estate should see improved property insurance conditions in 2024, while the casualty market grapples with rising claims costs due to lawsuit abuse, Gallagher reports.
A recent West Virginia Supreme Court of Appeals ruling places the onus on employers to substantiate apportionment of disability awards in workers’ compensation cases
Amid rising global tensions, businesses grapple with potential political violence and property damage at home and abroad, underscoring the need for robust risk mitigation strategies, according to Beazley.
The National Commission on Climate and Workforce Health aims to guide employers in mitigating climate risk’s impact on employee wellbeing and business performance.
Gallagher Re report finds that Q1 2024 natural catastrophe losses are down from a year earlier, as industry awaits a potentially more active storm and hurricane season
Despite robust underwriting profits, U.S. cyber insurance market faces stagnation in premium volume due to pricing pressure and evolving cyber risk landscape, according to Fitch Ratings.
Amidst a fast-changing and complex risk landscape, successful P&C insurers should embrace risk mitigation, predictive modeling and AI tools and technology, a Capgemini report.