ASK THE EXPERT: Risk Management in Engineering & Architecture

[ad_1] Description: ‘Sum Assured on Death’ plus accrued Guaranteed Additions, payable if the policy is in force. In LIC’s Jeevan Utsav Plan 871, the “Sum Assured on Death” is a crucial component of the death benefit. It’s essentially the guaranteed amount paid to the beneficiaries if the insured person passes away. This sum is the…

[ad_1] As cyber threats escalate, cyber insurance is emerging as a critical safeguard for businesses, particularly small and midsize enterprises (SMBs) with limited cybersecurity resources. Coalition’s Cyber Threat Index 2025 underscored the growing role of insurance in mitigating financial and operational fallout from cyberattacks, highlighting ransomware as a leading driver of claims. [ad_2] Source link

[ad_1] Industry vets bring tech-driven growth strategy to insurance underwriting space [ad_2] Source link

[ad_1] The partnership also places Allianz in key markets, with France and Australia collectively contributing more than 10% of its operating profit in 2024. Since 2021, Allianz has supported the Olympic Movement, including the Paris 2024, Milano Cortina 2026, and LA 2028 Games. [ad_2] Source link

[ad_1] In a closely watched insurance dispute, a New York appellate court ruled on April 29, 2025, that Colony Insurance Company must defend and cover Sandy Clarkson LLC, a property owner, in a personal injury lawsuit stemming from a construction site accident – even though Sandy Clarkson had no direct contract with the subcontractor insured…

[ad_1] According to the complaint, Marsh alleges that Hanrahan conspired with John Rooley, CEO of WTW’s global aviation and space unit, to target and recruit the core members of Marsh’s aviation and space teams in the United States, Canada, and the United Kingdom.  [ad_2] Source link