IoT

Oklahoma Insurance Market Hearing Delayed Amid Bias Claims
Technology & Trends Oklahoma Insurance Market Hearing Delayed Amid Bias Claims

Republican candidate Bob Sullivan and Democratic candidate Craig MacIntyre are both fighting to participate in the hearing as formal parties despite opposition from state regulators. This legal friction occurs as Oklahoma homeowners face some of the highest insurance premiums in the nation,

Insurers Overhaul Actuarial Models to Tackle Modern Risks
Technology & Trends Insurers Overhaul Actuarial Models to Tackle Modern Risks

The industry's push toward artificial intelligence faces a significant bottleneck because flawed data integrity prevents the accurate deployment of predictive algorithms. This challenge forced a massive transition within the global insurance sector, moving away from historical life tables and

Why Is AI Capturing Nearly All Insurtech Funding?
Technology & Trends Why Is AI Capturing Nearly All Insurtech Funding?

While the insurtech sector is currently flush with cash, the barrier to entry is rising as the focus shifts toward high-cost predictive analysis and large-scale AI integration. This transition represents a fundamental departure from the era of simple digital interfaces and basic customer portals.

Can Fitting Digitize the Saudi Construction Supply Chain?
Technology & Trends Can Fitting Digitize the Saudi Construction Supply Chain?

In the heart of the Saudi Arabian desert, the massive construction cranes punctuating the horizon are increasingly directed by digital pulses rather than handwritten manifests and frantic phone calls. The Saudi construction industry is currently navigating a pivotal shift as Fitting, a specialized

Could Your Smart Doorbell Increase Your Home Insurance Risk?
Technology & Trends Could Your Smart Doorbell Increase Your Home Insurance Risk?

Homeowners across the nation are increasingly turning to advanced surveillance technology to safeguard their properties, yet this very reliance on digital eyes can inadvertently create new vulnerabilities that traditional insurance policies were never designed to handle. As the adoption of smart

Is Construction Risk Shifting Away From the Job Site?
Insurance Is Construction Risk Shifting Away From the Job Site?

A single malicious command executed from a remote server can now bring a sprawling skyscraper project to a more abrupt halt than a catastrophic failure of heavy lifting equipment on the ground. While the industry has spent decades perfecting safety protocols for tangible hazards like falls and

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