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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In a bold move that positions Zurich Insurance Group as a global leader in travel insurance, the company has acquired AIG’s global personal travel insurance and assistance business for USD 600 million. This landmark deal also includes a potential earn-out
In Australia, a significant issue is coming to the forefront regarding financial security and the accessibility of financial advice. Recent research paints a troubling picture of the disparity between the insurance coverage of material possessions, such as cars and homes,
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In a bold move that positions Zurich Insurance Group as a global leader in travel insurance, the company has acquired AIG’s global personal travel insurance and assistance business for USD 600 million. This landmark deal also includes a potential earn-out
Urban Jungle, an innovative insurtech company, has launched a new branding strategy dubbed ‘Fair to you, your wallet, and the planet’. This rebranding underscores the company’s unwavering commitment to providing straightforward and affordable insurance while adhering to rigorous ethical standards.
The insurance industry is experiencing a radical transformation fueled by technological advances and evolving customer expectations. At the epicenter of this change is the concept of Insurance-as-a-Platform (IaaP), an innovative model that redefines how insurance products are designed and delivered.
In a strategic move set to significantly enhance its embedded insurance services, HUB International recently announced that it would acquire Insuritas, an embedded insurance platform that primarily targets banks and credit unions. The acquisition will bolster HUB’s existing digital platform,
The insurtech company Jove has recently made headlines by securing £3.6 million in a seed funding round, aiming to revolutionize contractor insurance with advanced solutions tailored for contractors and small businesses. The seed round was spearheaded by Explorer Investments and
In Australia, a significant issue is coming to the forefront regarding financial security and the accessibility of financial advice. Recent research paints a troubling picture of the disparity between the insurance coverage of material possessions, such as cars and homes,
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