New technologies in construction will fundamentally alter the risk landscape for engineering insurance. They could significantly increase efficiency and include enhanced monitoring, mitigation and management of engineering-related risks, but they also create new risks, like cyber.
The number of active satellites in space is increasing. More and more countries and private operators are building and operating spacecraft.
This innovative coverage protects companies from a potential loss of income and reduced trade as a result of a haze event impacting Singapore.
Does a contract have to involve people? In the future, maybe not. Thanks to blockchain technology, computer code is gradually taking the place of banks, governments and the legal system.
Why are more and more organizations starting to look at parametric solutions? Here are three reasons why parametric insurance solutions have moved higher up on the priority list for businesses today.
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