Ethiopia’s insurance sector is undergoing a remarkable transformation, with premium income surging by 50% over the past financial year, reflecting a strong upward trend despite a challenging economic environment. General insurance premiums have risen to an impressive 38.7 billion birr, driven by
In a region where climate change is accelerating at a pace that outstrips global averages, Southern Africa faces an urgent need for innovative tools to manage the escalating risks of extreme weather events. The South African Climate Index, a groundbreaking collaboration between Old Mutual Insure
In the fast-evolving world of insurtech, where technology dictates competitive advantage, one statistic stands out: over 70% of insurance executives believe digital transformation is critical to staying relevant in the market, setting the stage for a pivotal moment at Send Technology Solutions Ltd.
Uninsured motorists pose a significant challenge on American roads, contributing to financial losses and safety risks for law-abiding drivers. In New York alone, estimates suggest that a notable percentage of vehicles operate without proper insurance, often due to outdated verification methods that
The holiday season, often painted with images of joy, family gatherings, and festive decorations, carries a less visible but significant burden for homeowners—a sharp increase in property risks such as fire and water damage that can disrupt the cheer. For insurance agents, this time of year
Navigating the murky waters of insurance subrogation rights in workplace accident claims has long been a challenge for insurers, legal professionals, and employees alike, especially with overlapping policies like workers’ compensation and underinsured motorist (UIM) coverage often complicating
