Every business dreams of scaling new heights. But few prepare for the sudden drops. A fire. A flood. A cyberattack. A pandemic. These aren’t abstract possibilities—they’re real, recurring disruptions that…
As the reality of climate change becomes increasingly undeniable, understanding climate risk and climate resilience has never been more urgent. The world is already witnessing the devastating impacts of climate…
In an age of increasing climate chaos, economic disruption, and digital acceleration, traditional insurance models are showing their cracks. Slow claims processes, subjective loss assessments, and bureaucratic hurdles often leave…
In today’s lightning-fast business landscape, change has become more than just a constant—it’s a disruptive force that reshapes industries in months, sometimes even weeks. What once took decades to evolve…
United India Insurance has undertaken significant innovative transformations and is strategically positioning itself to better address the evolving needs of its customers and maintain a competitive edge in the market.…
It is heartening to note that the regulator in India (IRDAI) recently formed a high-power panel to suggest measures for insurance reforms. It is expected to examine various areas of…
Indian insurance companies lose nearly ₹30,000 crore annually to insurance fraud [caption id="attachment_27705" align="alignleft" width="162"] Suvajit Sengupta[/caption] —a staggering figure. When you consider that India’s insurance penetration rate is just…
The new insurance solution aims to mitigate risks in supply chain financing, enhancing trust and transparency for investors. A New Approach to Risk Management in Supply Chain Financing Universal Sompo…
The recent spate of wildfires across the United States has once again underscored the devastating impact of climate change on our ecosystems, communities, and economies. States like California, Oregon, and…
[caption id="attachment_27144" align="alignleft" width="92"] Sonjai Kumar[/caption] Background This article was inspired by McKinsey's report, “Elevating the risk function in insurance: Building a strategic advantage,” published in November 2024. The article…