In the rapidly evolving landscape of insurance, data stands as both a pillar and a hurdle. When faced with vast amounts of information, a misstep can lead to not just administrative headaches but also financial repercussions. Imagine the painstaking task for insurers, meticulously sifting through
In the rapidly evolving landscape of the insurance sector, insurtech platforms have emerged as pivotal players, driving the modernization and digital transformation of traditional insurance operations. As consumer expectations shift towards streamlined digital experiences, the collaboration between
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
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
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
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
