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Across the world, the emergence of AI and deepfake technology has upped the ante in the fight against insurance fraud. AI generated images are being created in droves to trick insurers into processing claims when the items are, in fact, in perfect condition.
In a rapidly changing world where natural forces are reshaping the landscape of risk, the insurance industry takes centre stage, confronting unique challenges and pioneering creative solutions.
The increased risk of fire in winter is borne out by insurance statistics: fire-related property insurance claims rise sharply during the colder months as people take steps to warm offices and buildings. It is therefore important to ensure that homes and businesses are fully protected against this risk.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?