In an era where technology dictates the pace of business, a staggering statistic emerges: since early 2025, over 60 securities class actions related to artificial intelligence (AI) and cyber breaches have been filed against major corporations, underscoring a critical shift in the executive
Imagine a bustling insurance agency overwhelmed by the sheer volume of financial transactions—premiums, commissions, and reconciliations piling up, with staff buried under manual processes that drain time and resources, leading to inefficiencies that can cripple operations and frustrate clients in
The property insurance market in the United States is undergoing a dramatic transformation, with staggering growth concentrated in specific regions and lines of business over the period from 2022 to 2024. While this surge presents a wealth of opportunities for managing general agents (MGAs) and
Imagine a world where filing an insurance claim takes mere minutes, with algorithms assessing damage through uploaded photos and chatbots guiding policyholders through every step, all without human intervention. This is no longer a distant vision but a reality unfolding in the insurance sector,
In an era where digital threats loom larger than ever, the insurance and asset management sectors are facing an unprecedented challenge to safeguard their operations and client data against sophisticated cyberattacks, prompting a significant shift in strategy. A recent global survey by Moody’s,
A New Era for Novidea In an industry where technology reshapes the landscape at breakneck speed, the global insurtech market stands at a staggering valuation of billions, with fierce competition driving innovation. Amid this dynamic environment, Novidea, a rising star in insurance technology, has
