The rapid integration of artificial intelligence into the UK insurance sector is fundamentally transforming how firms operate, offering unprecedented efficiency in areas like pricing, underwriting, claims processing, and customer engagement. However, this technological shift comes with a complex
Hanwha Life, a titan in the South Korean life insurance industry, has taken a monumental step into the US financial arena by acquiring a majority stake in Velocity Clearing LLC, a New York-based financial services provider, in a deal finalized on July 30. This transaction not only marks Hanwha Life
In recent years, the life insurance industry has begun an impressive transformation as digital payment systems take center stage. This market analysis evaluates how these innovations are not merely trends but critical components of the sector's growth and sustainability. The shift indicates an
In the rapidly evolving landscape of healthcare technology, generative AI presents a unique opportunity for companies striving to enhance customer interaction and service delivery. The narrative of a healthcare insurance firm, guided by insights from Fisent's executives, Adrian Murray and Brent
As the car insurance industry navigates a rapidly changing landscape, finding the best coverage can be a daunting task. In 2025, more drivers than ever are turning to online platforms to compare insurance options and secure the best rates. A plethora of comparison sites promise to simplify this
AI's rapid integration into customer service environments has prompted companies to rethink traditional risk management strategies. Recognizing the unique challenges posed by these technologies, Lloyd’s of London has launched a groundbreaking insurance initiative aimed at AI chatbot errors and
