The global homeowners insurance market is set to undergo significant expansion, with projected growth estimating a market size of US$366.8 billion by 2030, up from US$240.5 billion in 2023. This accelerated expansion, driven by technological advancements, shifting consumer behavior, and increasing
A groundbreaking development in Ghana's insurance sector has been catalyzed by ETAP, Africa's leading insurtech startup, gaining the country's first operational insurtech license from the National Insurance Commission (NIC). This unprecedented license empowers ETAP to process claims, collect
India's economic growth has been significantly influenced by the insurance and IT sectors, with Life Insurance Corporation (LIC) and Infosys Limited playing pivotal roles. Investors exploring long-term opportunities might find these two companies particularly appealing due to their respective
HOMEE, an Artificial Intelligence-driven direct repair network tailored for the Property and Casualty (P&C) insurance industry, has made a significant leap forward by successfully closing a Series C funding round, securing $12 million. This funding endeavor was headed by W.R. Berkley Corporation
Insurance telematics, an emerging and rapidly growing segment of the broader insurance market, is set to see exponential growth over the next decade. With consumers increasingly demanding personalized insurance solutions and advancements in telematics technology, the global insurance telematics
As technology continues to advance at a rapid pace, its impact on various sectors has been profound, none more so than the Delegated Underwriting Authority Enterprise (DUAE) segment within the insurance industry. Dawn Walker, AM Best's associate director for Industry Relations – DUAE, recently
