Developments like Amazon’s recent announcement that it expects “within months” to begin delivering packages via drone, coupled with the anticipated impact of 5G wireless technology on drone use, have captured headlines. How drones ultimately will be used is uncertain, but it’s clear that increased use of unmanned aircraft will likely alter the risk landscape.

From a start of effectively zero in 2017, there were more than a million scooter rides in 2018, noted Jillian Slyfield, digital economy practice leader at Aon.

The cyber insurance industry has grown exponentially in the past decade. As more and more businesses — of all sizes and in every sector — purchase cyber policies, the cyber insurance industry gains stronger and more actionable data insights.

Recent drone attacks in Saudi Arabia dramatically illustrate several key issues relevant to terrorist and security risk assessment. This should be enough to cause private entities, governments and insurers to reassess their prior risk assessments and security planning around important infrastructure, iconic buildings and large scale events.

The term “artificial intelligence” (AI) is weaving its way into the mainstream of insurance companies of all sizes. It’s a hot topic: Consider that at the recent Dig | In event in Austin, Texas, at least half a dozen exhibitors classified themselves as “AI” or “AI/Fraud” companies.

California’s insurance commissioner Ricardo Lara recently announced two new actions intended to help survivors of the state’s recent spate of catastrophic wildfires who are facing unavoidable delays in rebuilding.

Zurich Insurance Group has announced that it is the first insurer to commit to the UN Global Compact Business Ambition Pledge — an initiative that aims to limit global temperature rise to 1.5°C above pre-industrial levels.

The fourth annual edition of AIG’s M&A Claims Intelligence Series reveals increases in the severity and long-tail nature of M&A claims that, coupled with a competitive marketplace, declining rates and broadening terms and conditions, could mean serious challenges to profitability — and an increased likelihood of higher rates.

Technology is the foundation of the insurance industry: the means to solve or approximate answers to questions about the cost and availability of insurance, in addition to ways to reduce risk, improve service and expand coverage.

Alternative energy insurers are finding that frequency and severity in solar and wind farm losses are greater than they ever imagined. Four or five years back, maybe more, a host of insurers were keen to get into the alternative energy space. The risks were seen as relatively benign, capacity was ample and rates were low.

Vehicle insurance claims in the Land of Lincoln could rise as the result of legalizing marijuana if Illinois follows a trend experienced in other states that allow the sale of recreational pot.

International loss adjustment firm Charles Taylor Adjusting (CTA) has its sights set on growth in the US market. Its growth initiative started in January 2017 with the appointment of seasoned claims expert, Vince Cole, as chief executive officer of US operations. Under Cole’s leadership, CTA has enjoyed significant organic growth, doubling its revenues and earnings every quarter for the last nine quarters, and the firm has no intentions of slowing down.

Last year saw a shift to real, use-case blockchain technology proof-of-concept projects in various markets, including shipping, insurance, logistics, mining, energy, and fine art.

Natural catastrophes are growing in severity, resulting in an increase in uninsured losses. Numerous technologies are emerging to aid resiliency.

Citing economic pressures and global trade concerns as challenges, risk managers are reporting their lowest level of risk readiness in 12 years, according to Aon’s 2019 Global Risk Management Survey.