In recent years, the financial performance of property insurers has highlighted a growing disparity between reported losses and realized gains, drawing attention and skepticism from consumer advocates. Despite sector claims of significant financial strain due to natural disasters, records show that
In the ever-evolving landscape of the insurance industry, the $8.8 trillion sector witnesses a significant transformation with Clearwater Analytics at the forefront. Amidst pressing demands for modernized operations and stringent regulatory compliance, Clearwater employs artificial intelligence
In recent years, the insurance industry has reached a critical juncture, with advancements in technology offering unprecedented opportunities to reshape how insurers operate. The evolution of insurance technology rebranding heralds a transformative shift. It is not merely a change of logos or color
As franchise businesses steadily grow and reach new heights, their operational dynamics become increasingly complex and ripe with new risks. Such expansion presents franchise owners with the dual challenge of maintaining quality while effectively managing risks that grow parallel to their scale. A
Insurance companies, alongside their specialized partners, find themselves increasingly vital amidst global health crises. These collaborations are at the forefront of efficient response strategies, highlighted by recent case studies that emphasize their pivotal role. An exemplary instance is found
The insurance industry is witnessing a pivotal shift as Roamly's ascension to a Lloyd’s of London Coverholder marks a significant milestone poised to redefine global insurance dynamics. This newly acquired status elevates Roamly's capabilities, enabling the company to leverage Lloyd's prestigious
With the continuous occurrence of natural disasters around the globe, technology has emerged as a critical enabler of effective disaster response. Notably, satellite-based disaster management has revolutionized the way stakeholders anticipate, respond to, and mitigate the consequences of
In today's rapidly evolving insurance landscape, companies are constantly seeking innovative ways to better serve their customers while keeping pace with technological advancements. Simon Glairy, an expert in insurance and Insurtech, shares his insights on how companies like The General are
The rising cost of insurance is a familiar concern for many households and businesses, and significant increases in premiums have been linked to practices within the legal system. Attorney advertising and third-party litigation financing are prevalent practices that contribute to the rising
The advent of digital transformation has propelled identity fraud into a formidable challenge that businesses worldwide need to tackle. As per reports from 2023, companies globally incurred a staggering $485.6 billion in losses due to identity fraud. To combat this pressing issue, Instnt has
