The insurtech sector is undergoing a profound change, thanks to a surge in technological innovation. Recognizing the key players behind this shift, the Forbes Fintech 50 2024 list highlights the trailblazing startups making substantial waves across the insurance landscape. These firms are
Revolutionizing Policy Personalization The integration of wearable technology into the health insurance landscape heralds a new era of hyper-personalized policies. By providing continuous streams of data on consumer behavior and health metrics, wearables empower insurers with the fine-grained
As smart home technologies advance, they're significantly altering both our daily lives and the home insurance industry. The real-time risk mitigation and detailed analytics offered by smart devices are not lost on insurers, who now use this data to prevent disasters and streamline claims
The U.S. Department of Health and Human Services is actively addressing a major cyberattack on Change Healthcare, a key player in the health sector and part of UnitedHealth Group. This breach has significantly shaken the American healthcare system, highlighting the crucial role of cyber defenses in
The insurance sector, traditionally prudent and dependent on tried-and-true methods, is facing a pivotal shift. Robotic Process Automation (RPA) has emerged as a catalyst for rethinking how things are done, standing out in a digital landscape where innovation is constant. RPA is rapidly becoming
The auto insurance sector is undergoing a dynamic transformation, propelled by the advancements in artificial intelligence (AI). Insurance companies are utilizing powerful AI algorithms to decode intricate driving behavior patterns, a task beyond the scope of traditional methodologies. This
