The insurance technology (insurtech) industry is undergoing a profound transformation fueled by artificial intelligence (AI). This technological revolution is not only enhancing customer service and internal efficiency but is also raising critical ethical and security considerations. As AI
The recent veto by Louisiana Governor Jeff Landry of proposed insurance reform legislation aimed at revising the state's collateral source doctrine has sparked a lively debate. This doctrine ensures that policyholders receive compensation from the liable party for damages regardless of any
In the rapidly evolving world of insurance, the need for advanced tools to construct better pricing models is paramount. Hyperexponential introduces Custom User Interface Components (CUICs), the innovative tools that seamlessly blend into hx Renew, offering a transformative approach to pricing
In the bustling landscape of InsurTech, a new player named Anterior is rising rapidly, having recently reached a notable peak in their journey. With an infusion of $20 million in Series A funding, Anterior's valuation has soared to an impressive $95 million. The round's success can be attributed to
The insurance market in India is burgeoning, with digitization becoming a key factor in its remarkable growth. The momentum is especially strong in insurtech, where a staggering 34% compound annual growth rate marks significant technological strides. However, the gleaming horizon of digital
Insurance firms in Kenya are bracing for a potentially seismic shift in the landscape of vehicular taxation, as the Treasury has unveiled a plan to levy an annual tax on motor vehicles via the Finance Bill 2024. The proposition—an arduous 2.5 percent tax on the declared value of motor vehicles—is
