The Insurance Commissioners Office in California is putting out a fraud warning, following the devastating fores in the Los Angeles area recently; Following devastating wildfires which damaged and destroyed homes, businesses, and vehicles in the […]
Moody’s RMS Event Response estimates that insured losses from the flooding in central Europe between Wednesday, September 11, and Thursday, September 19 will likely fall within the range of €2.5 billion to €3.5 billion (US$2.8 to US$3.9 billion). […]
The word from Guy Carpenter after the flooding in Central Europe; The estimated market losses from the September 2024 floods stand between EUR 1.6 billion and EUR 2.1 billion. Although the region faced significant rainfall […]
The word from AXA, who have added more options when it comes to reporting claims; AXA customers can now benefit from a new and improved digital service when making an insurance claim with tools that […]
It’s always wise to keep up with the latest trends in fraud and attempted scams across the insurance sector. The latest word from Allianz UK’s fraud teams is that they are seeing a marked increase […]
This is poor planning from many public sector and private companies alike; Despite the catastrophic effects of serious flooding on any business, a new survey from Previsico, the live flood forecasting and water management data […]
Some news from the USA, as Five Sigma launches Clive, an AI powered Adjuster; In a groundbreaking move, Five Sigma, an AI-Native claims management software company, unveiled “Clive” ™, the insurance industry’s first AI-powered Insurance Adjustment […]
Quotech, the underwriter-led developer of truly useful, properly integrated technology solutions for underwriting and broking teams, has linked with industry-owned Oasis Loss Modelling Framework, the sector’s open source catastrophe modelling platform, to adopt the Open […]
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