AI could help provide data to predict and price risks appropriately. (Credit: VideoFlow/Adobe Stock)

Creative product design and better technology could help bring stability to a challenging insurance market, according to a panel of professionals at Send’s INFUSE webinar, Navigating the Hard Insurance Market.

Inflation, a global pandemic, evolving cybersecurity threats, climate change and other issues have left the insurance industry on unstable footing in recent years. “I think the word ‘volatile’ is very appropriate,” said Tandis Nili, managing principal, global risk management, with Epic Insurance Brokers.

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