In an era where speed and efficiency define competitive advantage, consider a scenario where an insurance company slashes its product launch timeline by nearly half, delivering innovative solutions to customers in record time. This is not a distant dream but a reality for insurers embracing cloud
In a world where financial security remains a cornerstone of family stability, a staggering statistic reveals a troubling trend: life insurance ownership among households has plummeted from 63% in 2011 to just 51% in recent data from the 2024 LIMRA Barometer, raising a critical question about why
Market Snapshot: A Surprising Decline in Premiums In a striking development for the UK home insurance sector, average premiums have plummeted by 13% over the past year, dropping from £226 to £197 as of this year, 2025, offering a financial breather for homeowners grappling with economic strains.
Imagine a scenario where car insurance premiums aren’t dictated by static details like age or residential area, but instead reflect the very way a driver navigates the roads each day, transforming the industry with personalized pricing. This isn’t a distant dream but a reality powered by
Setting the Stage for a Transformative Market Shift In an era where technology reshapes industries at an unprecedented pace, the UK motor insurance market stands at a critical juncture with connected solutions leading the charge. Recent industry estimates suggest that telematics-based policies
Setting the Stage for a Transformative Industry Shift In an era where digital innovation reshapes every facet of business, the insurance sector faces a staggering statistic: over 70% of customer interactions are projected to be handled by artificial intelligence (AI) and automation within the next
