The insurance sector is undergoing a profound transformation, thanks to the surge of technological advancements across the globe. This disruption is not just a fleeting trend; it's a fundamental shift that is creating a new paradigm in the insurtech landscape. Innovations are sprouting in various
The surge of Artificial Intelligence (AI) in the insurance sector is shaping up to be one of the defining revolutions of the modern era. By 2033, it's anticipated that the integration of AI will rocket the industry's valuation from USD 5 billion in 2023 to an estimated USD 91 billion, propelled by
The insurance sector is experiencing a profound transformation brought on by digital innovation. InsurTech, fueled by AI, IoT, and machine learning, is revolutionizing traditional models, enabling customized policies and live risk analysis. This technological synergy allows insurers to craft highly
The global financial landscape is a complex intertwining of stable and vulnerable elements. A critical and increasingly influential component of this system is the non-bank financial intermediaries (NBFIs). While they add dynamism to the finance sector, their growth also brings new types of
In the realm of growing tech innovations, generative AI stands out as a revolutionary force, and Crum & Forster (C&F), headquartered in Morristown, is embracing this evolution. The company sees AI as an asset in its operations, looking to boost productivity, efficiency, and precision in its
Skyward Specialty Insurance Group has made a splash in the financial waters with its Full Year 2023 earnings report. The company's performance turned heads as it reported a striking 38% increase in revenue, amassing a total of US$886.0 million, up from the preceding year. This isn't just a
