IoT

How Will Data Analytics Transform Automotive Insurance in 2023?
Technology & Trends How Will Data Analytics Transform Automotive Insurance in 2023?

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

September 6, 2024
Is Ondo InsurTech Positioned for Market Success with NFU Mutual Contract?
Technology & Trends Is Ondo InsurTech Positioned for Market Success with NFU Mutual Contract?

Is Ondo InsurTech Positioned for Market Success with NFU Mutual Contract? Ondo InsurTech PLC, a company listed on the London Stock Exchange under the ticker LSE: ONDO, has recently garnered significant attention following its notable contract win with NFU Mutual. This contract is only one of

September 6, 2024
How is Data Analytics Revolutionizing the Insurance Industry?
Technology & Trends How is Data Analytics Revolutionizing the Insurance Industry?

The digital age has ushered in an era of transformation, impacting every industry, with insurance being no exception. Data analytics has emerged as a game-changer, altering how insurance companies operate, evaluate risks, and engage with customers. This article delves into the nuances of data

July 17, 2024
How is AI Transforming Risk Assessment in the Insurance Industry?
Risk Management How is AI Transforming Risk Assessment in the Insurance Industry?

The insurance industry is experiencing a transformative shift driven by artificial intelligence (AI). Traditionally reliant on manual processes and historical data, insurers are now embracing AI to enhance accuracy, efficiency, and customer satisfaction. This digital revolution is reshaping risk

July 16, 2024
Rising Cyber Threats Drive U.S. Businesses to Embrace Cyber Insurance
Technology & Trends Rising Cyber Threats Drive U.S. Businesses to Embrace Cyber Insurance

In the digital age, cyber threats have emerged as a formidable challenge for businesses, compelling them to seek comprehensive insurance solutions. The rise in data breaches, sophisticated cyberattacks, and the ever-expanding Internet of Things (IoT) ecosystem have added layers of complexity to

July 15, 2024
How Are Emerging Tech Trends Shaping Insurtech in 2024 and Beyond?
Technology & Trends How Are Emerging Tech Trends Shaping Insurtech in 2024 and Beyond?

The insurtech sector is undergoing a significant transformation, driven by cutting-edge technological advancements. As we navigate through the latter half of 2024, innovations in artificial intelligence (AI), Internet of Things (IoT), data analytics, and blockchain are continuing to revolutionize

July 15, 2024
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