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What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

Cyber Insurance war exclusions can leave businesses vulnerable to financial loss. Insurers may exclude damages from politically motivated or state-sponsored attacks, interpreting them as “collateral damage” from a cyber war.

Cyber 53
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Understanding Consumer Education and Property Insurance

Property Insurance Centre

By understanding key terms, policy details, and the rights and responsibilities of policyholders, consumers can engage with insurers more effectively, ensuring better communication and ultimately achieving their desired outcomes. By exploring these guides, individuals can gain a comprehensive understanding of why insurance is essential.

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Is your Agency Climate-Ready for 2025? The Role of insurtech on Risk Management

InsuredMine

Of this, flooding accounted for approximately $82 billion in damages, yet only $13 billion was covered by insurance, as reported by insurance firm Aon. This is further compounded by the fact that many of the financial losses caused by these disasters are uninsured, leaving customers, businesses, and governments to pick up the bill.

Risk 105
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Cyber Incident? Cyber Insurance Can Help Clients “Shake It Off”

ProWriters

” It gives them the protection and resources they need to mitigate the financial damage, let alone the Bad Blood, these incidents can cause, and to “Begin Again.” Cyber Liability Insurance can involve reimbursement for financial losses due to fraudulent transactions.

Cyber 55
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Emerging Property Insurance Trends 2024

Property Insurance Centre

Weather Conditions and Natural Disasters Since 1980, there have been 360 weather- and climate-related natural catastrophes , resulting in damages and costs of over $2.57 The frequency and severity of storms have been increasing, leading to higher property losses from tropical storms, wildfires, snowstorms, and flooding.

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The Evolution of Commercial Insurance: Key Trends to Watch in 2025

Protect Commercial Insurance

Insurance companies will need to design comprehensive cyber insurance policies that not only cover financial losses but also offer resources for incident recovery and cyber threat intelligence. This transparency builds trust between insurers and policyholders, as all parties have access to the same information.

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Freehold Block of Flats Insurance: Top Cover Tips

Property Insurance Centre

This type of insurance is designed to safeguard the physical structure of the property, providing financial protection in the event of damage or loss due to various risks. In addition, it provides peace of mind to the property owner by offering financial security for the building itself.