In the ever-evolving landscape of financial planning, life insurance agents are grappling with a seismic shift brought about by the One Big Beautiful Bill Act (OBBBA), a legislative change that has reshaped the high-net-worth market. This act, with its generous estate and gift tax exemptions, has
Africa faces a daunting financial challenge with an insurance protection gap that leaves millions exposed to catastrophic losses from disasters, health crises, or sudden income disruptions, a situation made stark by insurance penetration rates hovering below 3% of GDP. This figure, significantly
Amid the ever-evolving digital landscape, life insurance is undergoing a significant transformation, embracing digital technology at its core. The shift from traditional methods to modern solutions marks a pivotal point in the insurance sector, promising increased efficiency and user-friendly
The integration of artificial intelligence into life insurance underwriting represents a significant evolution in an industry traditionally reliant on manual processes and human judgment. AI's ability to analyze and process vast amounts of data has increasingly come to light as a transformative
Africa's insurance market is undergoing a fundamental transformation, witnessing a robust growth trajectory that signals a potential digital revolution. It is projected to reach USD 160.9 billion by 2033, increasing from USD 92.9 billion in 2024, thanks to a compound annual growth rate (CAGR) of
In the ever-evolving landscape of insurance, DXC Technology's new offering, Assure Illustrations, promises to transform how life insurers generate and deliver policy illustrations. Simon Glairy, an expert in insurance technology, helps shed light on how this AI-powered solution ushers in a new era