Ominimo, a forward-thinking insurtech startup based in Poland, has rapidly emerged as a formidable force within Europe's insurance sector. Showcasing its capabilities, Ominimo has successfully issued more than 300,000 car insurance policies in Hungary and reached profitability within its
In a noteworthy shift in the UK insurance industry, David Otudeko's new position as Director of Regulation at the Association of British Insurers (ABI) is expected to have significant implications. Since joining the ABI in June 2021 as Assistant Director and Head of Prudential Regulation,
In an era characterized by economic uncertainty, individuals increasingly seek out diverse financial strategies to safeguard their assets. Among these strategies, the benefits of life insurance cash values have emerged as an overlooked financial asset. This discussion comes against the backdrop of
The commercial auto insurance industry is undergoing a fundamental transformation under the influence of cutting-edge technological advancements. This evolution reshapes traditional underwriting processes by not only digitizing previously manual tasks but also redefining how insurers evaluate risk,
As technology becomes an increasingly integral part of personal health management, smart rings have emerged as a transformative innovation in the realm of wearable technology. Unlike traditional smartwatches, smart rings offer a more discreet and convenient way to monitor various health parameters.
The advent of artificial intelligence (AI) has significantly transformed industries, including the cyber insurance sector. However, new regulations governing the use of AI are creating fresh challenges and necessitating innovative solutions within the insurance domain. This article delves into the
The technologically-dependent world that businesses operate in today has seen a rapid escalation of cyber risks. Companies, regardless of their size, face significant challenges in securing their operations as mental models for these threats continually evolve. Collaboration between businesses and
Amid rising anticipation, Suunto is rumored to be on the brink of launching a new lightweight GPS watch specifically designed for running enthusiasts. This watch, allegedly named the Suunto Run Watch, is set to combine several advanced features tailored for serious runners, distinguishing it from
The rapid integration of artificial intelligence (AI) into various business operations has introduced novel complexities and risks that traditional insurance policies may not sufficiently address. This development underscores an urgent need for insurers and insured parties to reassess and adapt
Starting a small business is an exhilarating yet demanding endeavor, filled with potential rewards but also numerous challenges. Unfortunately, many small businesses face alarmingly high failure rates, especially within their first few years of operation. Understanding the common pitfalls that lead
