Cyber insurance has evolved from niche to essential, covering diverse threats like data breaches and ransomware. The industry's adapting with AI, ML, and regulatory compliance to meet rising demand.
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Parametric insurance offers a faster, more efficient alternative to traditional indemnity-based coverage. Learn about its benefits, challenges, and future prospects in this engaging exploration of an innovative insurance solution.
AI is revolutionizing the insurance industry by enhancing risk assessment, fraud detection, and customer service. Predictive analytics and natural language processing are key technologies. Despite challenges, the benefits promise a transformative impact.