Cyber claim severity has dropped 50% for large insureds as ransomware attackers shift focus to less resilient, smaller companies, but the scope of potential losses is broadening for everyone.
Insurers chase flashy AI experiments while missing practical applications in underwriting, claims processing, and customer engagement that deliver real results.
Cyber claim severity has dropped 50% for large insureds as ransomware attackers shift focus to less resilient, smaller companies, but the scope of potential losses is broadening for everyone.
Workers' compensation insurers must shift from inflexible waterfall development to agile frameworks, which promise enhanced collaboration and responsiveness.
