by Ekrem Duman | Jun 3, 2026 | Insurance, InsurTech & Claims
⚡ TL;DRInsurTech is the use of technology — AI, data analytics, mobile, IoT, and automation — to transform how insurance is designed, sold, priced, and serviced. It is making coverage faster, cheaper, more personalized, and more accessible, while pressuring...
by Ekrem Duman | Jun 3, 2026 | Insurance, Reinsurance & Risk Transfer
⚡ TL;DRReinsurance prices move in cycles between ‘hard’ markets (high prices, scarce capacity after big losses) and ‘soft’ markets (low prices, abundant capital). These cycles ripple down to the insurance you buy. Understanding what drives them...
by Ekrem Duman | Jun 3, 2026 | Insurance, Reinsurance & Risk Transfer
⚡ TL;DRAlternative risk transfer (ART) covers tools beyond traditional insurance, led by captive insurers — companies a business creates to insure its own risks. Captives let large organizations retain and manage risk directly, access reinsurance, gain cost and tax...
by Ekrem Duman | Jun 3, 2026 | Insurance, Reinsurance & Risk Transfer
⚡ TL;DRCatastrophe reinsurance protects insurers against rare, severe events like hurricanes and earthquakes that can trigger thousands of claims at once. Beyond traditional reinsurers, insurers increasingly transfer this risk to capital markets through...
by Ekrem Duman | Jun 3, 2026 | Insurance, Reinsurance & Risk Transfer
⚡ TL;DRReinsurance comes in two arrangements: treaty reinsurance covers a whole portfolio of risks automatically under a pre-agreed contract, while facultative reinsurance covers a single, specific risk negotiated case by case. Treaty is efficient for high volumes of...
by Ekrem Duman | Jun 3, 2026 | Insurance, Reinsurance & Risk Transfer
⚡ TL;DRReinsurance is insurance for insurers. By transferring part of their risk to reinsurers, primary insurers can write more business, stabilize results, protect against catastrophes, and reduce the capital they must hold. It is the invisible backbone that lets the...
