In the rapidly evolving automotive industry, the integration of data analytics and Internet of Things (IoT) technologies promises a significant transformation in how insurance companies operate. One of the most groundbreaking collaborations is between Liberty General Insurance Berhad (Liberty) and
The rapidly evolving landscape of underwriting and risk assessment is transforming the insurance industry, necessitating that industry players stay ahead of the curve to maintain a competitive edge. As technological advancements reshape risk management and decision-making, insurers are experiencing
The global auto insurance market is on track to experience significant growth over the next decade, driven by a combination of economic expansion, increasing vehicle numbers, and stringent regulatory requirements. This market is poised to nearly double in size, expanding from USD 735.39 billion in
The auto insurance industry is undergoing a profound transformation, driven by the integration of advanced data analytics and data scoring technologies. This shift is allowing insurers to offer more personalized, fair, and competitive insurance packages. It reflects a broader change in how auto
In today’s fast-paced world, the insurance industry is ripe for transformation. The complexity and inefficiency have long been pain points for policyholders and companies alike. Andy Ann, the founder of Yas Digital, envisions a dynamic, data-driven approach to revolutionize insurance. By i
The advent of data-driven analytics in the automotive industry is sparking a revolution that extends far beyond mobility and transportation. Modern vehicles, equipped with a multitude of sensors and cameras, generate massive amounts of data. This information holds the potential to transform various
