The insurance industry is undergoing a significant transformation, driven by a confluence of macroeconomic pressures, shifting customer demographics, and rapid technological advancements. Amidst these changes, Majesco has emerged as a pivotal player in spearheading this evolution. Recognized in
The burgeoning field of insurtech, which is a fusion of insurance and technology designed to modernize the traditional insurance sector, is rapidly changing the way insurance services are offered. Insurtech companies are leveraging advanced technologies like AI and data science to simplify complex
In recent years, the notion of trading personal health and activity data for life insurance discounts has found increasing favor among Americans. This trend underscores a significant shift in consumer attitudes towards data sharing, influenced by technological advancements and the ubiquity of
The insurance industry is witnessing an alarming trend: the increasing frequency and severity of non-weather-related water and freeze claims. Traditional methods of risk assessment are proving inadequate in the face of rising repair costs and complex property layouts. Enter ZestyAI—a leading
In an era where data is often hailed as the new oil, the insurance industry is undergoing a transformative shift led by InsurTech companies. One of the trailblazers in this realm is Porch, a homeowners insurance and vertical software platform that leverages massive data troves to carve out a
The world of insurance technology, or InsurTech, is quickly expanding, with Chinese companies at the forefront of this digital revolution. One of the standout players in this dynamic field is Iyunbao Technology Ltd., a Shanghai-based technology service platform. Founded in 2015, Iyunbao leverages
