AI is revolutionizing insurance risk assessment, from property to health, offering precision, efficiency, and proactive measures. However, ethical concerns around transparency and fairness must be addressed.
Insurance fraud is evolving with new, sophisticated tactics. From digital fraud and telematics manipulation to social media schemes, industries must use advanced technologies to stay ahead. Learn about emerging fraud and prevention strategies.
As cybercrime grows, cyber insurance becomes essential for businesses. This article delves into its importance, coverage options, and trends, offering insights for better preparedness and risk management.
Explore the hidden costs of telehealth for insurers, from administrative expenses to fraud risks, and understand the long-term financial implications.
Insurtech innovations like blockchain, AI, telematics, IoT, and digital transformation are reshaping the insurance industry, offering enhanced security, personalized policies, and improved customer experiences.