The corporate world faces a growing challenge in the form of "AI washing," a practice akin to inflating or falsely boosting technology, luring investors with hollow promises. Much like "greenwashing," where companies exaggerate their environmental efforts, AI washing poses
In a landmark decision with significant implications for the insurance industry, the Court of Appeal delivered a judgment that redefines the role of VAT exemptions in telematics-based insurance products. This ruling pertains to the case of WTGIL Ltd v HMRC and primarily revolves around the
The insurance industry is notoriously slow in adopting technological innovations, presenting persistent challenges in operational efficiency and customer satisfaction. Now, MarvelX, a pioneering force in AI-driven insurance solutions, is reshaping this landscape, having recently secured $6 million
In recent years, the world of insurance has faced significant challenges, grappling with rising complexities and diversified threats that demand innovative solutions. As traditional insurance products struggle to adequately address the multifaceted risk landscape, insurance professionals worldwide
In recent years, Canada has emerged as a pivotal player in the fintech and insurance sectors, driven by significant technological advancements. A paradigm shift is unfolding within the financial services industry as artificial intelligence (AI) and automation take center stage in transforming
The homeowners' insurance market in California has been grappling with significant challenges, primarily driven by regulatory complexities and a rapidly changing risk environment. Central to these issues is the influence of Proposition 103, a regulation that has tightly bound insurers to a
