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The scheme involved illegal control of medical practices, kickbacks for patient referrals and bribes.
Generative AI guides insurers through extreme weather events while maximizing policyholders' customer experience.
Inland marine insurance professionals now use cutting-edge tech to navigate the modern risk landscape across industries.
Cyber criminals are already using these tools to groom and streamline so-called 'social engineering' attacks.
The FBI projects the amount of cybercrime-related losses increased by more than 20% in 2023.
As tax season approaches, cybercriminals are increasingly targeting individuals and businesses through various scams.
To sustain a competitive advantage in this rapid digital era, insurers must enthusiastically adopt technological integration.
As the insurance industry ushers in the Insurtech 2.0 era, carriers must build an agile business landscape rooted in innovation.
A look at Lloyd's claims handling 'then and now' illustrates the broader industry's modernization journey.
The U.S. currently experiences the worst losses, about $97 billion annually, due to its disproportionate share of insured assets.
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