In an era where technology is reshaping industries at an unprecedented pace, the insurance sector stands at a critical juncture with the integration of artificial intelligence (AI) promising transformative change. Recent projections from Gartner indicate that AI software spending in
In an era where technology is reshaping industries at an unprecedented pace, the insurance sector stands at a critical juncture with the integration of artificial intelligence (AI) promising transformative change. Recent projections from Gartner indicate that AI software spending in
What happens when an industry as old as insurance collides with the relentless pace of technological change? In a world where customer expectations shift overnight and risks multiply by the minute, insurers are grappling with a stark reality: adapt or
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The strategic joint venture between Lazada, Southeast Asia’s leading eCommerce platform, and Peak3, a global leader in InsurTech, represents a significant advancement in the region’s digital and embedded insurance ecosystem. This dynamic partnership is set to develop an innovative suite
In a bid to foster innovation within the insurance industry, Norton Rose Fulbright, the global law firm, has launched its annual Insurathon, at which startups can compete for prizes totaling £50,000. Since its inception in 2017, the Insurathon has provided
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The strategic joint venture between Lazada, Southeast Asia’s leading eCommerce platform, and Peak3, a global leader in InsurTech, represents a significant advancement in the region’s digital and embedded insurance ecosystem. This dynamic partnership is set to develop an innovative suite
In a concerted effort to tackle the heightened risk of flooding in the UK and Ireland, Previsico, a flood forecasting and sensor technology company, has joined forces with Descartes Underwriting, a prominent provider of parametric insurance. This significant collaboration aims
As the insurance industry seeks to improve risk assessment and pricing models, Environmental, Social, and Governance (ESG) data has emerged as a transformative tool, particularly in Property and Casualty (P&C) insurance. Insurers are beginning to integrate ESG-related data to gain
Zurich Insurance and Zeekr Hong Kong have embarked on a significant partnership aimed at revolutionizing the insurance landscape for electric vehicle (EV) owners. This collaboration goes beyond the mere provision of insurance policies, instead tailoring bespoke solutions that cater specifically
In recent years, the insurance industry has witnessed an unprecedented shift towards leveraging advanced technologies like Artificial Intelligence (AI) and big data analytics to enhance its core functions. One striking example of this trend is the strategic partnership between Quantee,
In a bid to foster innovation within the insurance industry, Norton Rose Fulbright, the global law firm, has launched its annual Insurathon, at which startups can compete for prizes totaling £50,000. Since its inception in 2017, the Insurathon has provided
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