Are you aware what incidents can lead to cyber insurance coverage claims? In in the present day’s digital panorama, cyber incidents are now not a matter of “if” however “when.” Understanding real-world cyber insurance claims will help companies higher put together for and forestall related incidents. Let’s discover 5 frequent situations which have resulted in … Read more
Strategic claims segmentation diverges from the standard methods of managing claims, selling a extra detailed, data-driven strategy. Conventional segmentation solely considers the financial worth and information factors resembling the reason for loss and the publicity. Strategic segmentation considers the person deserves of every declare, guaranteeing extra correct and environment friendly adjudication, a significant precedence in … Read more
By Max Dorfman, Analysis Author, Triple-I Insurers paid $1.12 billion in dog-related harm claims in 2023, based on analysis by Triple-I and State Farm. The overall variety of dog-bite and associated claims was 19,062 in 2023 – a rise of greater than 8 % from 2022 and an increase of 110 % over the previous … Read more
