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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…

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…

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…

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…

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…

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 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…