Insurance claims

Moodys Estimates Recent Central Europe Flood Losses

 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). […]

Insurance claims

Guy Carpenter Looks at European Flood Impact

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 […]

Insurance claims

Fraud: More Suspect Hearing Loss & Storm Damage Claims, Says Allianz

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 […]

News

Previsico Survey Reveals Corporate Lack of Action on Flood Defence

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 […]

Global insurance trends

Five Sigma Launches AI Powered Claims Adjuster

 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 […]

InsureTech

Quotech Teams Up With Oasis Loss Modelling

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 […]

Insurance claims

A More Sustainable Approach to Damage Management From Sedgwick

The latest news from Sedgwick, who are looking to process claims in a far more sustainable way; Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions, today announced the launch of […]