Technology & Trends

Technology Transforming Insurance Uptake in Kenya
Technology & Trends Technology Transforming Insurance Uptake in Kenya

In Kenya, technology is increasingly playing a pivotal role in reshaping the insurance sector by addressing long-standing challenges and negative perceptions attributed to low insurance penetration—currently less than 3% compared to the global average of 7%. Many Kenyans regard insurance as a

MGAA Partners with Insurance DataLab for Enhanced Insights
Technology & Trends MGAA Partners with Insurance DataLab for Enhanced Insights

In a significant development for the insurance industry, the Managing General Agents’ Association (MGAA) has partnered with Insurance DataLab to enhance data-driven decision-making. With data playing an increasingly critical role in shaping decisions, this collaboration provides MGAA members access

Is Digital Life Insurance the Future for Australians?
Technology & Trends Is Digital Life Insurance the Future for Australians?

In today's digital age, the insurance industry is evolving rapidly, meeting the demands of a diverse and shifting workforce. Simon Glairy, an esteemed authority in the realms of insurance and Insurtech, provides insight into a significant innovation: the launch of an embeddable life insurance

Trend Analysis: Digital Transformation in Insurance
Technology & Trends Trend Analysis: Digital Transformation in Insurance

The insurance industry is undergoing a profound transformation shaped by digital technologies and shifts in consumer expectations. As companies strive to remain competitive and relevant, understanding this digital metamorphosis has become imperative. With changing dynamics such as artificial

Insurance Model Monitoring – A Review
Technology & Trends Insurance Model Monitoring – A Review

The insurtech landscape has been continuously evolving, with technological innovations consistently redefining the industry's boundaries. One of the most impactful advances in recent years is Model Monitoring, a pivotal element introduced by Optalitix in its renowned Optalitix Models product. This

Can AI Simplify Insurance Policy Interpretation?
Technology & Trends Can AI Simplify Insurance Policy Interpretation?

The insurance industry, long inhibited by the complicated nature of policies filled with legal jargon, endorsements, and exclusions, is at a transformative juncture with the advent of artificial intelligence (AI). This technology promises to overhaul policy interpretation within the sector,

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