As the global climate and population rise, the insurance industry is quickly adapting to its customers’ needs. Costs are exponentially increasing, and insurers are needing to invest in prevention to ...
For insurtech companies, the past year has been full of challenges, more so than many other areas of fintech. Newly public businesses like home insurer Hippo, renters insurer Lemonade and auto insurer ...
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader in cloud insurance software solutions, today announced the release of its latest Thought Leadership report, 8 Trends Shaping the Future of ...
NEW YORK—Roishetta Ozane would have rather been sitting in a rocking chair at home in Louisiana with her seven-month old grandbaby than standing outside of a multinational insurance company’s office ...
Use of AI also raises a host of regulatory concerns, which, in an industry that already has a well-established regulatory framework, may result in significant additional regulatory burdens for ...
Insurance is shifting from a purely B2C model to integrated, accessible protection. Instead of standalone coverage, insurers need to provide solutions that fit naturally into everyday transactions and ...
The cost and occurrence of cyberattacks continue to rise. According to the Identity Threat Research Center (ITRC), there were 17% more publicly reported data breaches through Sept. 30, 2021, than in ...
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The insurance industry has long been known for its traditional approaches and bureaucratic processes. At the heart of this evolution is technology, which helps insurance companies like ACKO to provide ...
If we look in the rearview mirror, the last few years have really not been particularly good for the insurance sector. The fact that combined ratios are over 100% means that the underwriting ...
The velocity of change in the auto insurance market is punching the accelerator. The transformation is happening as vehicles become smarter, connected and electrified—and sales of traditional, ...