In Health Insurance News: New Developments in Telemedicine Coverage
COVID-19 has the power to redefine how healthcare is delivered and accessed due to its accelerated adoption of telemedicine. Telemedicine, the use of technology to deliver clinical services from a…
Insurance Industry’s Response to Natural Disasters: Latest News
Natural Calamity Response by the Insurance Industry: The Latest Happening The insurance industry has always found natural disasters to be notoriously difficult perils. These economic losses and disruptions affect the…
Insurance News: Trends in Cyber Insurance Policies
Cyber Risk Landscape: Insurance News The frequency and sophistication of cyberattacks do nothing but rise in today’s digital age, hence the increasing relevance of having cyber insurance. Cyber incidents such…
Innovative Insurance Solutions for Aging Populations: Latest News
Re/insurers focus on innovative insurance solutions for aging populations: GlobalData’s Insurance Expertise | Recent Blogs Source: KPMG) The impact on the insurance industry is aging globally like never before. Aggressive…
Recent News on Blockchain and Smart Contracts within Insurance
Insurance, which has been characterized as a lagging industry compared to others when it comes to adopting new technologies and changes because of its traditionalist attitude toward doing business and…
Insurance News: How Insurtech Startups Are Disrupting the Industry
Traditionally staid in its practices, the insurance industry is undergoing rapid upheaval and transformation due to an expanding universe of InsurTech startups. These startups have implemented technology to deliver faster…
The Gig Economy and Insurance: Latest News Updates
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…
Insurance News: Implications of Big Data on Pricing Strategies
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,”…
Rise of Parametric Insurance: Latest News and Insights
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…
Insurance News: Impact of Climate Risk Assessments
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…