In an era marked by rapid digital transformation and escalating cyber threats, the traditional approach to cyber insurance is under increasing scrutiny. Recently, Joshua Motta, Founder and CEO of Coalition, highlighted the urgent need to overhaul existing practices to manage cyber risks more
Banking fraud in the UK is on a worrisome rise. Recent predictions by Juniper Research project a staggering increase in fraudulent transactions, expected to more than double from 4.2 million in 2024 to 8.8 million by 2029. This surge underscores the urgent need for the UK banking sector to bolster
In a landmark move to catalyze growth within the insurtech sector, Insurtech UK has unveiled its strategic Policy Manifesto. Released on June 25, 2024, this document provides a comprehensive roadmap aimed at driving innovation, attracting investment, and facilitating the expansion of insurtech
The insurance technology (insurtech) industry is undergoing a profound transformation fueled by artificial intelligence (AI). This technological revolution is not only enhancing customer service and internal efficiency but is also raising critical ethical and security considerations. As AI
The insurance market in India is burgeoning, with digitization becoming a key factor in its remarkable growth. The momentum is especially strong in insurtech, where a staggering 34% compound annual growth rate marks significant technological strides. However, the gleaming horizon of digital
In an era where digital threats lurk around every virtual corner, Aviva has taken a timely stride forward by partnering with RiskEye to enhance its cyber insurance services. This strategic move resonates with the urgent demands of the digital age for robust cybersecurity and reputation management
