The global specialty insurance market is entering a new phase defined by sharper competition, data-driven underwriting and ...
Industry leaders are calling on insurers to expand their focus beyond climate risk and adopt a broader, system-wide approach ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
From determining risk and setting premium rates to determining claim payouts, and optimizing customer outreach, insurance is highly dependent on data. Anywhere there’s a lot of data, AI provides ...
Homeowners insurance can be harder to get or more expensive depending on your house's location, age and condition, your claims history and even your credit score. But even if you've been rejected or ...
As the global business landscape grows riskier, the product is no longer just a ‘nice to have.’ Perils can include terrorism, currency inconvertibility, forced divestiture, and expropriation. It’s ...
Drivers with accidents, speeding tickets or DUI convictions pay some of the highest rates for car insurance of any demographic. A single at-fault collision, for example, can spike your premiums 45% or ...
Private insurers are fleeing the high-risk war zone of the Persian Gulf, so the U.S. government has stepped in to provide emergency political risk insurance to continue global trade. This ensures that ...