Life Insurance News Digital adoption, key for life insurance companies February 10, 2023February 10, 2023 admin 225 Views 0 Comments adoption, COMPANIES, Digital, KEY, life insurance The life insurance industry faced the brunt of elevated claims during the pandemic, but the period also brought with it Read more
Life Insurance News LIC mulls deploying ‘bionic agents’ to boost digital sales November 7, 2022 admin 214 Views 0 Comments bionic agents, boost, Digital, LIC, mulls LIC is considering deploying ‘bionic agents’ to support its agency workforce and boost digital sales capabilities. “A strategy of deploying Read more
General Insurance News Digital frauds a worry for central bank digital currency January 7, 2022 admin 302 Views 0 Comments Central Bank, currency, Digital The risk of cyber frauds is one of the major challenges to rolling out a central bank digital currency, requiring Read more
Insurance News Cyber insurance industry to exceed $20bn by 2025, says GlobalData July 7, 2021July 7, 2021 admin 472 Views 0 Comments channels, cyberattacks, Digital, permanent The global cyber insurance market was worth $7bn in gross written premiums (GWP) in 2020 and will reach $20.6bn by Read more
International Insurance News Lemonade well-positioned to capitalize on motor insurance post-COVID-19 with its digital and value-first approach, says GlobalData April 30, 2021 admin 447 Views 0 Comments Digital, Insurance, Lemonade, Motor Lemonade’s digital and value-first approach is well-suited to the post-pandemic world and provides an opportunity for the insurer to Read more
General Insurance News Digital transformation speeds ahead in insurance market as AI platform spending to grow by almost a quarter each year between 2019 and 2024, says GlobalData April 23, 2021 admin 306 Views 0 Comments Digital, GlobalData, Insurance, transformation The changing customer landscape due to the COVID-19 pandemic has necessitated innovation within the insurance industry. Not only are Read more