This article discusses the disruptive potential of blockchain in the insurance industry, including the benefits it will bring like fraud prevention, enhanced efficiency, trust, transparency, privacy and the enhancement of co-insurance and reinsurance processes.
The cyber threats continue to become more complex as technology evolves, making cyber insurance a critical necessity for businesses of all sizes and industry sectors. This article discusses the evolution of cyber insurance, its growing importance, coverages and challenges. The...
The post-pandemic world is significantly influencing the evolution of the insurance industry. The surge in digital platforms, shifts in customer preferences, rise in real-time risk prevention, impacts of climate change, and newfound work-from-home culture are factors driving changes in the...
The insurance industry is currently experiencing a seismic shift fueled by digital transformation. This shift is reshaping not just operational efficiency, but enhancing customer experience, achieving regulatory compliance and boosting profitability. Yet, this journey is loaded with challenges such as...
Several disruptors are shaping the future of the insurance industry, from the advent of InsurTech startups leveraging AI and ML technology, the rise of on-demand insurance models, the usage of Big Data and analytics, to the demandfor strategies to mitigate...