With huge potential to change businesses as we know them, generative AI promises to cut costs and give companies a competitive edge. But implementation requires a detailed review of AI’s equally powerful risks.
The manufacturing industry remains an attractive target for cybercriminals. Facilities must put safeguards in place to prevent the devastating financial toll of a malicious attack.
The 2024 Restaurant Risk Report by AmTrust details what’s driving workers’ comp costs for restaurant operators and how to make meaningful changes in workplace safety.
When standard lines insurers pull out of states or risk, it often creates a gap in the insurance market. This is where the E&S market plays a crucial role.
As businesses face increasing ‘polycrisis’ threats, traditional risk management approaches need an update for today’s interconnected challenges, per a RIMS executive report.
Technology advancements are enabling insureds and their risk management partners to get a better grip on the range of settlement amounts on some types of claims.
Leveraging integrated data empowers organizations to make superior risk management decisions, driving strategic initiatives and enhancing competitive advantages.
Insurers faced mounting losses from frequent severe storms and floods in the first nine months of 2024, despite overall losses below average, according to Gallagher Re’s Nat Cat Report.
“We have from one to 50 different insurers utilizing the data we gather. We want our clients, the insureds, to walk into their market meetings every year armed with this data to present to the markets.”