The technological proliferation has changed the risk management landscape in the insurance industry. Particularly, Virtual Reality (VR) holds potential to revolutionize risk assessment, mitigation, and customer engagement in the industry. This article dives into how VR can impact risk management...
Technology has been shaping the insurance sector by enhancing existing services and creating new opportunities. From AI to blockchains, the industry is witnessing paradigm shifts that are redefining traditional practices. This article takes a brief look at these trends.
Explore how Artificial Intelligence (AI) is revolutionizing the insurance industry by optimizing risk assessment, improving customer experience, predicting future scenarios and more.
Climate change is not only creating new challenges for the insurance industry but is also unlocking new opportunities. As weather patterns become more unpredictable with rising temperatures, insurers are recalibrating their risk assessments and finding innovative ways to address these...
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,...