MENA: Arab insurers discuss doing more about growing threat of Nat CATs

Published on July 1, 2024
Natural catastrophes, which are increasing in terms of frequency and the size of economic losses they cause, should prompt Arab insurance markets to exert greater efforts to face this threat, said
Continue reading on website
Other news

InsurX welcomes new hires to meet growing algorithmic underwriting demand

July 1, 2024
InsurX, a digital exchange with algorithmic capacity, has announced the appointment of four new hires to its team to meet burgeoning demand from brokers and underwriters for algorithmic underwriting.Appointed Divisional Director, David Dickson brings 12 years of broking and Lloyd’s experience to his new role. He most recently served as Director and Head of Broking at insurtech Superscript.Nick Ier

76% of companies enhance cyber defences to secure insurance: Sophos

July 1, 2024
Sophos, a provider of cybersecurity solutions, released findings from its recent survey, showing that 76% of companies enhanced their cyber defences to qualify for cyber insurance.The report found that 97% of companies with a cyber insurance policy invested in improving their defences to help with insurance. Among these, 67% secured better pricing and 30% obtained improved policy terms.Furthermore