The insurance industry stands on the brink of a transformative era driven by the rise of generative artificial intelligence. Resembling groundbreaking technologies like ChatGPT, generative AI is embedding itself into numerous elements of the sector, including underwriting, customer service, and
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 technology-driven solutions, Perfios.ai has made a significant impact with its new Generative AI-Powered Intelligence Stack designed specifically for the Banking, Financial Services, and Insurance (BFSI) sectors. The launch has sparked a wave of interest as it
In a rapidly advancing technological landscape, the automotive sector faces the challenge of aligning insurance models with the evolving needs of electric and autonomous vehicles. The Plan Group's (TPG) new division, eavi, symbolizes a pioneering attempt to bridge these gaps, offering bespoke
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
In recent years, the intricate landscape of childcare insurance in Canada has gone through significant changes, demanding increased attention from brokers and insurers alike. As the demand for early childhood education continues to rise, so too does the complexity of legal and insurance
