The insurance industry is undergoing a rapid transformation, driven by emerging technologies including AI, IoT, and blockchain. The advent of these technologies has made processes more efficient, from risk assessment to claims management. However, they also present challenges such as...
In this digital age, a new form of risk is emerging: Cyber risk. The rise of cyber risk is a stark reminder that the insurance industry and its clients are more intertwined than ever before. Insurers are not only responsible...
In recent years, the impacts of climate change on the insurance industry have become more evident. Its effects aren’t just in increased claims due to worsening weather conditions, but also in shifting demographics, regulatory changes, and investment challenges. As such,...
ESG or Environmental, Social and Governance investing represents an evolution in the way we approach capital and investment. For insurers, it offers an opportunity to align investment policies with ethical values, promote sustainability, and drive positive societal change. Despite potential...
HealthTech, the use of technology to improve healthcare, is revolutionizing the insurance industry. From personalizing healthcare plans to enhancing customer interaction and affecting premium pricing, HealthTech is redefining the insurance landscape. However, the industry must address associated data security, privacy,...