Category: Insurance News by ElaFM

The rise of the gig economy provides both obstacles and growth potential for insurers. Those who have temporary or freelance work do not often participate in traditional employer-provided benefits like…

Traditionally, the insurance industry has been an actuarial science-driven business that used historical data to underwrite and price risk. Yet the boom in digital data capacity, or so-called “big data,”…

Conventional insurance measures real losses and damage after an incident has already taken place. However parametric insurance is a more timely and efficient solution (especially in light of persistent climate…

Climate change is no longer an impending disaster but a reality with universal impacts. The first state is a booming insurance industry that has transvaginally been at the vanguard of…

The emergence of social media influencers has introduced a new layer to the insurance market. Followings of that size have the power to shape consumer perceptions around insurance products, and…

While artificial intelligence (AI) is advancing at lightning speed and revolutionizing many industries, one consequence of its growing adoption is worries about liability. This piece discusses the changing face of…

The fast-growing renewables sector provides challenges and opportunities for the insurance market. In this article, we cover the key lines of focus and trends for the insurance of renewable energy…

If you had to pick one word that best describes the major trends influencing global insurance markets today, it would be changed. In doing so, this article peers into some…

The concept of insurance is closely articulated with the principles and history behind Risk management. Whether it was the transport of cargos across trade routes and ancient merchant guilds pooling…

Cancer remains one of the leading causes of death worldwide. Early detection significantly increases the chances of successful treatment and survival. This article delves into the early signs of cancer,…