Ivory Insurance to offer underwriting capacity and specialised expertise to MGAs, targeting professional indemnity, IT liability, and general liability cover for SMEs.
In the past five years, nearly 54% of losses from declared insurance events were due to floods, representing the disproportional nature of the 4.4% of properties at high risk.
Ravi Menon's launched Singapore Pavilion at COP28 outlining strategies to 'galvanise' climate action and providing insight into potential risks and opportunities for insurers.