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While risk management has always been an important part of the financial services industry, recent events have highlighted the importance of it. Most recently there have been some questions as to whether insurers are taking risk management as seriously as they should.
On 2nd August 2017, US President Donald Trump signed a new bill into legislation - “The Countering America’s Adversaries through Sanctions Act”.
After touting better food management as a reason for low inflation figures in the past months, a pickup in vegetable prices, led by tomatoes, has driven India’s consumer price inflation (CPI) up again.
Cyber crime is rampant, increasing in frequency, voracity and taking longer to resolve, and at far greater costs than ever before. Organisations are operating in an era of unprecedented volatility combined with the rapid pace of changes in technology. This convergence has created a challenging new cyber reality for organisations regardless of size, industry or location.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?