Everything about insurance!
Many companies are already benefiting from the advent of Insurtech. As they have transformed themselves digitally to offer convenience, security, choice, and comparison to their modern customers, it becomes important for consumers to also understand the benefits of Insurtech which is changing the industry-wide mindset. …
If you haven’t read our previous two articles on Part 1: What is Insurtech and Reason of Growth and Part 2: How Insurtech is reshaping the global insurance market, please give it a go. We highly recommend you to read these articles in addition to …
Data has always played the role of the backbone in the insurance sector. Nowadays the rate of increase in data is greater than the population growth itself. Big companies and startups are looking forward to investing in data analytics. But human effort can’t compile the …
If you haven’t read our first article; Insurtech Part 1 – What is Insurtech and Reason of Growth. We highly recommend to read that first before reading part 2; How Insurtech is reshaping the global insurance market For knowing how the startups are changing the …
In this article, as Insurtech Part 1, the author is going to give you an Introduction of What is Insurtech? & Why it has seen an explosive growth? The case studies will follow soon.
AXA XL, the Property & Casualty and Specialty Risk division of AXA, has developed an innovative insurance solution for Hoyos Integrity Corporation (Hoyos) to launch the world’s most secure digital “Hot” wallet.
PRNewswire/ — Autumn marks the start of migration season for many species, which can lead to more encounters between drivers and animals on roadways. Farmers Insurance® reveals 36% of Comprehensive auto claims filed with Farmers® due to accidents with animals occur between September and November, according …
the nation’s leading online insurance marketplace, announced the opening of a second headquarters in Durham, North Carolina. The first headquarters is in the Flatiron District, the largest tech hub in New York City.
“Insurers need to become catalysts for innovation and government need to spread awareness across each corner of the whole country in order to drive growth in Indian insurance sector” Even after being the world’s 7th largest country, the second most populous one, the country with …
Even as Indian life insurers have recorded improvement in Indian assured lives’ mortality rates across age-groups and genders, the 13-20 years age bracket has bucked this trend. Mortality rates have risen by nearly 5% as per Indian Assured Lives Mortality table 12-14 published by the …
Right from the day all of us started studying the life insurance domain in the actuarial industry, we have all been fed the concept of actuarial reserving which forms the foundation of the insurance industry. Ever wondered, who was the genius mind who would have …
Pricing is one of the most essential components of an insurance company. It is the process by which an insurance company sets up the premium that needs to be charged from policyholder by considering various risk factors such as age, mortality, gender, location, etc. These …
There is an ever emerging risk of Cyber crimes and to get a hold onto them, companies are relentlessly looking to price Cyber Insurance. The insurance is not unpopular but a target for everyone due to lack of data and which makes Cyber Insurance pricing …
Recently, Institute of Actuaries of India (IAI) conducted its first ever classroom training program on Health Insurance industry by the name of “Health Insurance – Product Design and Pricing Training”. The purpose of writing this is to share my experience on the same and what …
AND is a significant word here. I’m really not talking about the ‘In Insurance’. If it is “in” we already have Lemonade, you know Lemonade, right? No? okay, here is the article by The Guardian to let you know about how they are using AI …