The Internet of Things (IoT) is a revolutionary technology that creates a seamless connection between devices and the Internet. One of the most popular examples of an IoT device is a smartwatch. With IoT technology, devices can connect, in this case, a smartwatch with a smartphone, via the Internet
January 28, 2025The insurance industry, so long resistant to change, is finally going through a drastic shift, owing to the digital revolution that has been transforming the financial sector for years now. At the heart of this change is Insurtech , or “insurance technology.” The goal of this innovation is to rev
January 16, 2025InsurTech represents the fusion of insurance and technology functions to enable financial inclusion growth as its primary tool. Today's system has complicated rules and specific requirements, making it hard for many people to get coverage because of high premiums. This is especially true for
December 24, 2024There’s no debate about the importance of insurance in our daily lives. Insurance companies evaluate the risks people face every day, and as it turns out, almost anything and everything can be and is insured. From athletes insuring specific body parts to Lloyd’s providing insurance against alien abd
December 11, 2024