Serbia and Montenegro Insurance Industry Newswire

Insurer Prudential logs 12% rise in first-quarter profit

Prudential PLC on Wednesday reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer benefited from strong performance from all its segments. The London and Hong Kong dual-listed company posted new business …

Insurers Shell Out $1.57 Billion For Dog-Bite Claims in 2024

Homeowners- and renters-liability carriers paid an estimated $1.57 billion in dog-related injury claims last year, an increase of 41 percent over 2023. The claim count climbed to 22,658, while the average cost per claim jumped to $69,272—up 18 percent year …

In Memoriam: Joseph Lombard, 98, Founder of Corinthian Insurance In Medway

Joseph Paul Lombard of Medway, whose lifelong work with horses led him to create one of the first insurance brokerages in New England devoted to equine and farm risks, died peacefully at his home on April 15, 2025. He was 98. Born in Brookline on March 20, …

MIA no longer an excuse: time for insurers to create vintage blended solution to aid green finance

Shattered trust: How management missteps tainted insurance reputation in Nigeria

By Henry Uche [email protected]       The constant question on the lips of the Nigeria’s business community is; why is insurance penetration in Nigeria stagnated at one per cent? The answer is not far-fetched. According to experts, years of policyholder …

Driver shares small change he made to cut car insurance costs by 25%

Drivers could save up to 25% on premiums by changing just one word in their job title when filing out their car insurance forms. According to Confused.com's car insurance price index, the average cost of car insurance in the UK is currently around £777 …

Smarter, fairer, faster - Here’s how AI is personalizing financial insurance

Insurance has always thrived on data, calculating risks through actuarial science and probability models. While that structured approach worked for decades, today’s consumers expect more. They want insurers to understand them and provide personalized …

Earnix, the Category Leader in Dynamic AI for Insurance, Acquires Zelros to Transform Insurers’ Business Performance

BOSTON, MA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Earnix, the leading Dynamic AI platform for Insurance, today announced that it has signed a definitive agreement to acquire Zelros, a pioneer in Generative AI for insurers and banks. …

Indian insurers to shift ₹3.5 lakh crore in contracts to bond forwards for risk management

Unlike FRAs, bond forwards allow for actual bond delivery, offering insurers more effective tools to hedge against interest rate volatility.  India’s insurance companies are ready to embrace bond forwards agreements that start trading on Friday, the latest …

Amplify Health wins most innovative AI solution for health insurance at SBR Technology Excellence Awards 2025

Amplify Health was commended by the awards programme for successfully transforming the medical claims adjudication process for one of Malaysia’s largest health insurers through AI-driven health intelligence. Amplify Health won the AI - Health Insurance …

Insurer to meet claimant halfway on ‘slow leak’ damage

A homeowner’s water damage claim will be partially paid after a dispute over coverage for a long-running pipe leak.  The policyholder lodged the claim in February last year after finding a “pool of water” in his laundry.  Insurer Auto & General …

Bipartisan Bill Aims to Extend National Flood Insurance Program Before September Deadline | Insurify

The National Flood Insurance Program (NFIP) will expire on Sept. 30, leaving 5 million American homeowners without flood insurance, unless Congress acts to extend coverage. Rep. Troy Carter (D-La.) recently introduced a bipartisan bill to extend the NFIP’s …

Washington Insurance Commissioner Kuderer On Her Climate Risk Priorities

Commissioner Patty Kuderer has been in office for 104 days. She’s got a lot on her plate. As Washington’s top insurance official, Kuderer is responsible for overseeing the more than 800 insurers in the state and protecting policy holders from unfair …

How Does Maternity Cover Work in Health Insurance? 

If you’re planning to start or expand your family, understanding Maternity Cover in Health Insurance is essential. It supports medical needs during pregnancy but also protects you from unexpected expenses.   From prenatal check-ups to postnatal care and …

Canara HSBC Life Insurance plans Rs 16,500 crore IPO amidst valuation challenges

Mumbai: Canara HSBC Life Insurance filed draft papers with the capital markets regulator for an initial public offering that could value the insurer at around ₹16,500 crore, based on its latest embedded value of ₹5,929 crore and assuming a price-to- …

15% Spike in Home Insurance Rates on the Way for Minnesotans, Report Predicts | Insurify

More frequent severe weather events in Minnesota have led to sharp home insurance rate increases across the state. The average annual cost of home insurance in Minnesota increased by 20% in 2024 to $3,524, according to Insurify’s home insurance report. The …

NIA to Police Commissioners: Enforce third-party motor insurance

By Henry Uche   The Nigerian Insurance Association (NIA) has proposed engaging all 36 Commissioners of Police, including those in the Federal Capital Territory (FCT), to strengthen collaboration on the enforcement of third-party motor insurance. The …

Minnesota storm damage: Insurance claim advice from experts

A storm system that passed through Minnesota on Monday left some homeowners dealing with next steps and insurance claims. FOX 9’s Rob Olson spoke with some insurance experts on their take. MINNETONKA, Minn. (FOX 9) - Josh Sitzmann had prepared for a busy …

Drivers issued warning over little-known car insurance law change in 2022

Drivers 'may be getting less cover' with a popular car insurance policy - with millions warned. The number of "essentials" car insurance policies has nearly tripled since 2022. But Tom Banks, car insurance spokesperson for Go.Compare, …

Earnix, the Category Leader in Dynamic AI for Insurance, Acquires Zelros to Transform Insurers’ Business Performance

BOSTON, MA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Earnix, the leading Dynamic AI platform for Insurance, today announced that it has signed a definitive agreement to acquire Zelros, a pioneer in Generative AI for insurers and banks. …

Iridium Development Inc. Announces Affordable Home Elevation Solution for Florida’s Flood-Prone Communities

Iridium Development Inc. launches affordable home elevation services to help Florida homeowners rebuild safer, lower insurance costs and increase property value TAMPA, FL, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Iridium Development …

Pennsylvania Dental Association honors Rep. Greg Scott

HARRISBURG, PA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- On April 26, the Pennsylvania Dental Association (PDA) presented Rep. Greg Scott with the Kay F. Thompson Outstanding Legislator Award during its annual business meeting at the …

Squaretalk Launches AI Voice Agent with Built-in KYC Automation to Reinvent Secure Onboarding in the VoIP Industry

A breakthrough in fraud prevention and self-onboarding for cloud communications, Squaretalk redefines customer trust and compliance in the AI era. JERUSALEM, ISRAEL, April 29, 2025 /⁨EINPresswire.com⁩/ -- Squaretalk, the fast-growing CPaaS and …

Bearing Insurance Hosts Second Annual Virtual Blood Drive

Company-wide campaign unites employees, helping save 160 lives and support communities facing critical blood shortages RICHMOND, VA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Bearing Insurance is proud to announce the success of its …

From​ ​Clinical Death to Communication — NURO Delivers​ Historic Milestone

Non-surgical Neurotech achieves a clinical first by enabling communication after clinical death and resuscitation. WATERLOO, ONTARIO, CANADA, April 29, 2025 /⁨EINPresswire.com⁩/ -- NURO, a Canadian leader in non-surgical neurotechnology, has …

Milwaukee Rehabilitation Hospital Announces New Chief Executive Officer

Bruce Eady, Experienced CEO, Takes the Helm at Milwaukee Rehab Hospital at Greenfield MILWAUKEE, WI, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Bruce Eady brings over three decades of healthcare experience, with two decades as an …

CredSpark Convenes Learning & Development (L&D) Leaders to Share Insights on Using AI in Corporate Skills Assessment

Live, Webinar Panel Discussion Including Degreed and Finetune by Prometric to be Held on Wednesday, May 7th at 1 PM ET. NEW YORK, NY, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Artificial Intelligence (AI) is rapidly changing many …

Aptia Group Kicks Off Aptia Serves at Inaugural Aptia Annual Summit with Sensory Bag Activity for Autism Awareness Month

Aptia team members and colleagues participated in a service project for Autism Awareness Month, assembling sensory bags for the Doug Flutie Jr. Foundation. BOSTON, MA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Aptia, a specialist in …

Orange County Makapo Aquatics Project Receives $50,000 Grant from The Hartford

Company surprises local athlete with custom-fit sports equipment NEWPORT BEACH, CA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Orange County Makapo Aquatics Project, a non-profit organization based in Irvine, California, was recently …

Xceedance Partners with FurtherAI to Bring Advanced AI Assistants to Insurance Enterprises

Collaboration will accelerate the adoption of AI-driven automation across underwriting, compliance, and claims workflows BOSTON, MA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Xceedance, a global provider of insurance-focused …

The Learning Consultants Receives Accreditation from Autism Commission on Quality (ACQ)

LOUISVILLE, KY, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The Autism Commission on Quality (ACQ) has awarded a full two-year accreditation to The Learning Consultants for its applied behavior analysis (ABA) programs in Nevada. This …

Avyana Litigation Funding Strengthens Strategic Model to Expand Access to Justice

VIENNA, AUSTRIA, April 29, 2025 /⁨EINPresswire.com⁩/ -- Legal disputes often involve not only complex legal considerations but also significant financial pressure. For many companies, asserting their rights requires substantial resources, with …

Avyana Litigation Funding fortalece su modelo estratégico con nuevos socios expertos en derecho y finanzas

VIENNA, AUSTRIA, April 29, 2025 /⁨EINPresswire.com⁩/ -- Cuando las empresas enfrentan disputas legales, se ven expuestas no solo a riesgos jurídicos, sino también a una presión financiera significativa. Los procesos judiciales suelen implicar altos costos …

Boon-Chapman and Vori Health Partner to Revolutionize Musculoskeletal Care

AUSTIN, TX, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Boon-Chapman, a leader in claims administration, cost containment, and care navigation, is pleased to announce a transformative partnership with Vori Health, a nationwide physician- …

Advancing Financial Literacy: Georgia Financial Educators Council Launches and Appoints Advisory Board

ATLANTA, GA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The National Financial Educators Council® is proud to announce the launch of its Georgia chapter, the Georgia Financial Educators Council (GFEC). The GFEC is committed to promoting …

Oxbridge / SurancePlus to Speak During TOKEN2049 Dubai at THE GREAT GATHER – Day 2

GRAND CAYMAN, Cayman Islands, April 29, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized …

Wind Summit to Usher in a New Era of Industry Collaboration

Early Bird Tickets for the next Wind Summit on 14 - 15 October in Houston, Texas are just $649.00, but this deal won't last, so register today! HOUSTON, TX, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The wind energy sector in the …

EXANTE Hosts Landmark AI & Compliance Summit in Malta, Uniting Regulators, Innovators, and Industry Leaders

ST JULIAN'S, MALTA, April 29, 2025 /⁨EINPresswire.com⁩/ -- Award-winning prime brokerage leader EXANTE, trading in Malta under XNT Ltd., is proud to announce the inaugural Future of Compliance 2025 conference, a high-profile international event set to …

Second annual FinCrimeTech50 highlights the top innovators in the fight against financial crime

FinTech Global has unveiled this year's FinCrimeTech50, a list of the top tech firms tackling money laundering, fraud, and financial crime in financial services LONDON, UNITED KINGDOM, April 29, 2025 /⁨EINPresswire.com⁩/ -- As new technologies reshape …