As healthcare providers increasingly embrace big data, they find themselves at a crossroads: the challenge of using relevant data to improve patient care while ensuring the highest levels of privacy and compliance with regulations like the Health Insurance Portability and Accountability Act
Imagine a world where doctors can monitor the effectiveness of your medication without you ever having to leave your home. This scenario is no longer a distant dream but a developing reality due to groundbreaking advancements in Therapeutic Drug Monitoring (TDM). This innovation is about to
The financial implications of recent hurricanes on Universal Insurance Holdings are substantial, with expectations of significant gross losses due to three major hurricanes that recently struck the United States. Authored by Kassandra Jimenez-Sanchez and published on October 29, 2024, in
In an industry traditionally known for its cautious and risk-averse nature, the growing influence of data and technology is undeniably transformative. According to Sierra Signorelli, CEO of Commercial Insurance at Zurich, leveraging advanced data analytics and technology is becoming essential in
The insurance industry is undergoing a revolutionary transformation driven primarily by advancements in artificial intelligence (AI). Historically, insurance underwriting relied on a limited dataset and was a cumbersome process, often filled with inefficiencies and inaccuracies. Today, however, AI
The landscape of insurtech startups is evolving. While the first wave of these companies aimed to disrupt the traditional insurance industry with direct-to-consumer models and innovative technologies, many faced significant challenges and financial struggles. Today, a new generation of insurtech
