Month: December 2024

Insurance Industry Faces Rising Premiums Amid Economic Shifts and Climate Risks The insurance industry is grappling with a significant surge in premiums due to a confluence of economic shifts and escalating climate risks. According to a recent report by the Insurance Information Institute (III), consumers and businesses are likely to experience notable increases in their […]

Insurance Industry Faces Climate Data Hurdles – Report The insurance industry is grappling with significant challenges in utilizing fragmented climate data for effective climate risk planning, according to recent findings. This development has wide-reaching implications, affecting various aspects of life insurance including Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance. Fragmented Data and Climate Risk Planning […]

Deep Fakes: The New Frontier for Cybersecurity Coverage As technology advances, so do the threats associated with it, and one of the newest and most alarming of these threats is deep fakes. Digital Insurance reports that commercial insurance policies for cybersecurity haven’t yet fully adapted to address this emerging risk. However, the implications for businesses […]

Selectsys Max: The Future of Web-Based Insurance Management for MGAs and Wholesalers Life insurance has long been a cornerstone of financial planning, providing a safety net for families, businesses, and individuals. Selectsys Max, a cutting-edge web-based insurance management solution, is poised to revolutionize the industry for Managing General Agents (MGAs) and wholesalers. Introducing Selectsys Max […]