In 2024, consumer spending on in-app purchases and subscriptions globally reached $150 billion, marking a notable 13% year-over-year increase. This surge in spending came despite a slight decline in app downloads, which totaled 136 billion, down by 1% year-over-year. Mobile device engagement
In an era where regulatory demands are becoming increasingly stringent and complex, organizations are pivoting towards policy management software to ensure robust compliance, enhance operational efficiency, and mitigate a plethora of risks. This market, pivotal to organizational governance, is
In a groundbreaking move to safeguard its agriculture sector from the ravages of climate change, the Government of Ghana has secured its first parametric drought insurance policy issued by the African Risk Capacity Limited (ARC Ltd.). This innovative policy represents a significant expansion in
In recent industry developments, Akur8, a cutting-edge insurance pricing and reserving platform, has been selected by the consulting firm RSM to improve its insurance pricing process. The partnership aims to leverage Akur8's advanced pricing modules to boost the accuracy, speed, and transparency of
In the ever-evolving landscape of the insurance industry, Duck Creek Technologies has taken a significant leap towards modernizing payment processes. This forward-thinking company has introduced Duck Creek Payments Facilitator, a comprehensive solution aimed at enhancing transactional efficiency
In recent years, the insurance mobile apps market has experienced significant transformation driven by technological advancements and strategic acquisitions. As companies invest in research and development, the landscape continues to evolve, offering enhanced services and user experiences. This
