Cyber insurance has evolved from a niche concept into an absolute necessity. But just as the threat landscape is constantly changing, so is the insurance landscape - facing challenges in pricing and efficacy. It's no longer enough to have recovery...
Climate change is drastically transforming the risk landscape that the insurance industry operates in. The frequency and intensity of natural disasters pose major challenges for insurers. An increase in liability cases, rising sea levels and an increase in mortality rates...
The rapid escalation of cybercrimes has led to a surge in the demand for cyber insurance. However, the rapidly evolving landscape of cyber threats has made the cyber insurance market a minefield that is difficult to navigate. This article explores...
Insurtech is rapidly transforming the conventional landscape of the insurance sector, by making underwriting processes, claims processing, and customer services more efficient. Despite the challenges like resistance to change and data security issues, the adoption of insurtech is becoming a...
Insurtech’s undeniable innovation and digital transformation dictate the direction of the modern insurance industry. By simplifying complexities in risk assessment, decluttering policy-making processes, and focusing on consumer empowerment, insurtech has reinvigorated the traditional, stable insurance industry. Even as challenges persist,...