The rapid digitalization of the insurance industry has made it a prime target for cyber threats. The rise in online transactions, coupled with the vast amount of customer data being stored online, has amplified insurance companies' vulnerabilities. To counter this,...
The insurance industry is experiencing significant alterations related to climate change. It affects property and casualty insurance due to increasing natural disasters, and life and health insurance due to climate-related health issues. Adapting to this reality involves complex strategies involving...
As technology advances and digitizes various aspects of life and business, insurance companies grapple with the ever-evolving field of risk - cybersecurity and cloud computing. This piece delves into the challenges, solutions, and future of the cybersecurity insurance market.
As the threat of cyber attacks escalates, the role of cyber insurance becomes crucial in equipping businesses against the potential damage. This article delves into the intricate world of cyber insurance, its potentials and pitfalls, and how predictive modeling and...
Insurtech, a combination of 'insurance' and 'technology', is shaking up the global insurance industry. This article explores the emergence of Insurtech, the driving factors, and its impact on the industry, powered by technologies like AI.