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Between 2019 and 2022, homeowners watched the cost of insurance spike 55% and auto insurance rates swelled 46%.
Gallagher Re reports that global insurtech funding slipped 17.3% during Q1 2024.
The cyber insurance market is forecast to grow to $22.5 billion by 2025 as a result of increased cybercrime.
Insurance is a 'necessary solution to scaling this market with integrity,' industry players say.
Investors are attracted to the insurance sector's steady cash flow and 'recession insulation.'
Insurance industry news from Simplifaim, Holmes Murphy, IMA Financial Group and more is featured in this weekly update.
Renewed focus on customer service and workplace culture can help safeguard small businesses against an array of risks.
Insurance industry news from Ryan Specialty, FM Global, Signal Restoration and more featured in weekly update.
Chubb Chairman and CEO Evan Greenberg delivered the Tuesday morning keynote at RIMS RISKWORLD in San Diego.
Executives at ILTA Evolve 2024 discuss cybersecurity issues, generative AI, cyber insurance challenges and more.