Insurance

Because of its soil and its status as the world's fastest-warming continent, Europe is particularly exposed. The European Central Bank estimates the region's potential damage from sinking land at more than €2.5 trillion ($2.9 billion) across all euro-area financial institutions.

Pet insurance needs to do more than reimburse. It must actively support pet owners in predicting problems and delivering real-time value.

Insurers that invest in modernizing how funds are held, moved, and monitored will be the best positioned.

The insurance industry is seeing a disproportionate increase in liability claims compared to a rise in general inflation.

There were about 48 funding events in the insurtech sector in May, according to a review by Digital Insurance.

In an interview following remarks at Insurtech Insights, Lucy Pilko, CEO of AXA XL Americas, elaborated on what the insurance industry needs to benefit from AI in its operations.

Uber sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida.

The rise of autonomous vehicles will force a reconfiguration of the $400 billion U.S. auto-insurance industry, according to Goldman Sachs.

Brown & Brown to acquire Accession for $9.8B and bolttech's $147 million Series C funding plus more insurance news.

The insurance industry can embrace sustainability as a path to meaningful growth, ethical leadership and long-term success.