Technology & Trends

Are LIC and Infosys Prime Choices for Long-Term Investment in India?
Technology & Trends Are LIC and Infosys Prime Choices for Long-Term Investment in India?

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

How Is HOMEE Revolutionizing P&C Insurance with AI Smart-Claims?
Technology & Trends How Is HOMEE Revolutionizing P&C Insurance with AI Smart-Claims?

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 Market to Hit USD 18.7 Billion by 2032, Driven by UBI
Technology & Trends Insurance Telematics Market to Hit USD 18.7 Billion by 2032, Driven by UBI

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

How Is AI Transforming the Future of the DUAE Insurance Market?
Technology & Trends How Is AI Transforming the Future of the DUAE Insurance Market?

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

Agentech Raises $3M to Revolutionize Insurance Claims with AI Solutions
Technology & Trends Agentech Raises $3M to Revolutionize Insurance Claims with AI Solutions

In a significant stride toward transforming the insurance industry's handling of claims, Agentech, a Colorado-based startup, has successfully secured $3 million in a seed funding round completed in just 30 days. Co-founded by insurtech and fintech veterans Robin Roberson and Alex Pezold, the

Global Pet Insurance Market to Reach $32.6B by 2030 Amid Rising Pet Care
Technology & Trends Global Pet Insurance Market to Reach $32.6B by 2030 Amid Rising Pet Care

In recent years, the pet insurance market has seen unprecedented growth, driven by a combination of rising veterinary costs, increased pet ownership, and the growing trend of treating pets as family members. According to the newly released "Pet Insurance Strategic Business Report 2024," the global

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