Insurtech

How Can Manufacturers Strategically Manage Risks?
Risk Management How Can Manufacturers Strategically Manage Risks?

Manufacturing is a sector where strategic risk management is vital for sustained success. Internal operational risks and external factors, such as supply chain disruptions, necessitate a robust approach to risk mitigation. Effective management requires proactive efforts to establish frameworks

Navigating Compliance in Insurance's Digital Transformation Era
Regulatory & Compliance Navigating Compliance in Insurance's Digital Transformation Era

As the digital age progresses, the insurance sector is experiencing a monumental shift driven by the integration of artificial intelligence, sophisticated data analytics, and machine learning. These advances are poised to overhaul policy pricing, elevate customer service, and refine claims

Is Your Car Spying on You to Affect Insurance Rates?
Technology & Trends Is Your Car Spying on You to Affect Insurance Rates?

A recent exposé by The New York Times has brought to light a concerning trend in the automobile industry that encroaches on driver privacy. Prominent car manufacturers such as General Motors, Honda, Kia, Mitsubishi, and Subaru have been implicated in the controversial practice of selling detailed

Is AI the Future of Increased Efficiency in InsurTech?
Technology & Trends Is AI the Future of Increased Efficiency in InsurTech?

The insurance sector, traditionally perceived as conservative and slow-moving, is undergoing a seismic shift as artificial intelligence (AI) begins to permeate every aspect of its operations. InsurTech, which stands at the confluence of insurance and technology, has been an area ripe for innovation

Bolttech Partners with stc Group to Offer Device Protection in ME
Technology & Trends Bolttech Partners with stc Group to Offer Device Protection in ME

In an era where digital devices are integral to our daily lives, the demand for reliable protection services is on the rise. Recognizing this need, Singaporean insurtech giant Bolttech has forged a groundbreaking partnership with STC Group, the Saudi Arabian telecommunications leader. This

How Will US Insurance Market Grow to $2.83T by 2029?
Market Analysis How Will US Insurance Market Grow to $2.83T by 2029?

The U.S. insurance market is on an impressive growth trajectory, with predictions suggesting it could swell to $2.83 trillion by 2029. This expansion represents a Compound Annual Growth Rate (CAGR) of 6.95%. It's the strength of both the life and non-life insurance sectors that is driving this

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