As the global movement towards sustainable energy gains momentum, companies worldwide are increasingly investing in green energy solutions. These initiatives are part of a broader societal shift towards environmental responsibility, encompassing wind, solar, and geothermal energy. This article
The insurance technology landscape continues to evolve rapidly, with strategic partnerships playing a crucial role in advancing efficiency and innovation. One such significant collaboration is between OIP Insurtech and Insurity, aimed at enhancing the implementation of advanced technology solutions
In today's digital age, traditional life insurance often falls short in providing accessible and user-friendly solutions that cater to a wide range of financial needs. Recognizing these gaps, Alex Matjanec founded Wysh, an insurtech startup based in New York City, to revolutionize the life
The start of 2025 has brought a noticeable shift in household insurance premiums, providing a brief respite amidst ongoing economic challenges. General insurance provider Berkeley Alexander has reported that premiums have softened, reflecting a significant trend in the industry. According to their
WTW’s Commercial Lines Insurance Pricing Survey (CLIPS) has revealed notable insights regarding U.S. commercial insurance rates. The survey indicated an aggregate increase of 5.6% in the fourth quarter of 2024 compared to the same period in the previous year. Though this increase remains
The landscape of healthcare is undergoing significant changes with innovative models designed to address the affordability and accessibility challenges that many individuals face. One such model, implemented by Whole Patient Care in Winchester, VA, has chosen to forego traditional insurance in
In an era where climate change is significantly increasing the frequency and intensity of natural disasters, the insurance industry faces the formidable challenge of covering such highly unpredictable events efficiently. Sandra DeSilva, an insurance technology veteran, has introduced Mythen, an
The COVID-19 pandemic brought about significant economic instability, leading many individuals to rely on unemployment benefits for survival. Unfortunately, this necessity also opened avenues for fraudulent activities, with some exploiting the system designed to support those in genuine need. One
In 2024, Canadian businesses experienced a devastating financial blow due to severe weather events, marking the second-highest total of commercial insurance losses in the country's history. Data from Catastrophe Indices and Quantification Inc. (CatIQ) revealed that insured commercial losses caused
The earthquake insurance market is gaining significant ground globally, driven by technological advancements and stringent governmental regulations. This burgeoning industry, expected to see an increase in market size from $8.02 billion in 2024 to $10.94 billion by 2029, is experiencing dynamic
