Damage Financial Loss Insurance Industry 
ProWriters
FEBRUARY 23, 2025
As war is driving cyber security concerns around the globe, more organizations are turning to Cyber Insurance for protection. Cyber Insurance war exclusions can leave businesses vulnerable to financial loss. Merck won an appeal against and ultimately settled the coverage dispute with its insurers.
Neilson Marketing Services
OCTOBER 2, 2024
For businesses in the insurance sector, which handles vast amounts of sensitive client data, this threat is especially menacing. A single breach could lead to devastating consequences, including financial losses, legal liabilities, damage to your reputation, and the potential loss of client trust.
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InsuredMine
DECEMBER 26, 2024
Of this, flooding accounted for approximately $82 billion in damages, yet only $13 billion was covered by insurance, as reported by insurance firm Aon. The cost of these catastrophes for both the environment and society is high.
Property Insurance Centre
OCTOBER 18, 2024
Recent data from 2023 and 2024 highlights the financial strain on insurers and property owners alike, driven by more severe storms, heavy rainfall, and unpredictable weather patterns. Rising Claims Due to Extreme Weather In 2023, UK insurers faced record-breaking claims from weather-related damage.
Protect Commercial Insurance
SEPTEMBER 6, 2024
The Rise of Cyber Insurance As cyber threats become more sophisticated and frequent, the demand for cyber insurance has skyrocketed. Companies of all sizes are increasingly targeted by cybercriminals, and the consequences can be devastating—from financial losses to reputational damage.
Protect Commercial Insurance
OCTOBER 11, 2024
These disasters cause exponential damage to commercial properties. Just imagine: a flood sweeping through a business district, causing structural damage and interrupting operations for weeks, if not months. The financial implications of such events are enormous and insurers certainly take notice.
Protect Commercial Insurance
DECEMBER 6, 2024
This era gave rise to specialised insurance products, covering factories, railways, and an expanding workforce. By the 20th century, the insurance industry began to reflect broader societal shifts. This real-time information enables insurers to offer dynamic pricing models that reflect actual risk more accurately.
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