The integration of Artificial Intelligence (AI) and digital technologies has ushered in a new era within the insurance industry, traditionally known for its reliance on manual processes and historical data. As AI reshapes the landscape, insurers are experiencing unprecedented changes in risk
The world of politics and the local economy found themselves entwined in unexpected ways recently as developments unfolded in both arenas. On one front, the resilient Canadian province of New Brunswick took significant steps to safeguard its iconic maple syrup industry. On another, the political
Telematics programs, also known as usage-based insurance (UBI), have revolutionized the insurance industry by allowing insurers to monitor and collect detailed data on policyholders' driving behaviors. Initially, insurance companies used this data predominantly to calculate more accurate
The landscape of Asia's insurtech industry is witnessing a unique blend of revolutionary innovation and evolutionary adaptation. Insurtech, which involves integrating technology into the insurance sector, has brought significant changes by improving efficiencies, enhancing customer
The collaboration between the Guardian Life Insurance Company of America and Pelago signifies a new era in insurance services aimed at promoting a tobacco-free lifestyle for employees. This partnership brings together Guardian's established reputation in insurance and Pelago's innovative
The healthcare sector continues to be one of the most vital areas for technological disruption, with startups like Kenko Health aiming to transform the insurance landscape in India. Yet, success in this regulated space is not solely determined by innovation or market demand but also by the ability
In response to the mounting complexity of regulatory requirements within the investment sector, M&G Investments, a distinguished asset management firm and an integral part of M&G plc, has cemented a partnership with Clearwater Analytics. This strategic collaboration is aimed squarely at
In the intricate web of modern technology, the concept of "driver scores" is becoming as common as credit scores. However, instead of financial reliability, these scores look at the pivotal aspects of driving behavior — whether you tend to brake suddenly, speed, use your phone while d
In a bustling world of business, economic certainty is a treasure often hard-won, especially for small business owners who must navigate the complexities of safeguarding their livelihoods. That's where small business insurance enters the stage, though traditionally, it has been fraught with
In a significant boost to the financial technology landscape, BimaPay has successfully closed a $2 million investment round led by LC Nueva Investment Partners. This capital infusion is a vote of confidence in BimaPay's innovative approach to insurance financing, which promises to streamline
