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MAPTYCS Inc., a prominent firm specialising in property and climate risk exposure management, has entered a strategic partnership with Risk Management Partners (RMP), a division of Munich Re.
Arbol, a climate risk solutions provider with a global footprint across more than 15 countries, has announced the successful closure of a $60 million Series B funding round.
As dramatic footage of Dubai’s storms unfolded earlier this month, it was clear that this was no ordinary weather event.
Ten major insurers have now withdrawn services or announced their exit from California, leaving hundreds of thousands of customers without insurance options in the face of increasing threats from natural catastrophes. What does the future hold? Insurtech Insights finds out more.
As the 2024 election season unfolds, 65% of North American business leaders are concerned that political risks may negatively affect their ability to trade internationally.
Allstate Insurance may soon start offering new homeowners policies in California again, provided the state Department of Insurance allows the use of catastrophic modeling when requesting rate increases.
ICEYE, a leading provider of satellite-powered disaster management solutions, has entered into a multi-year collaboration with Juniper Re, a reinsurance broking arm and subsidiary of BRP Group, Inc.
Analysts at S&P Global Ratings have raised concerns about the local insurance sector’s ability to manage a surge in motor and property damage claims following unprecedented rainfall and flooding in the United Arab Emirates (UAE).
Tesla is recalling 3,878 Cybertrucks to address a faulty accelerator pedal pad that could come loose and become trapped in the interior trim.
Thousands more Californians are set to lose their home insurance this summer as two insurers, Tokio Marine and Trans Pacific Insurance, exit the state.
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