Digital adoption, key for life insurance companies
The life insurance industry faced the brunt of elevated claims during the pandemic, but the period also brought with it Read more
Digital
LIC mulls deploying ‘bionic agents’ to boost digital sales
LIC is considering deploying ‘bionic agents’ to support its agency workforce and boost digital sales capabilities. “A strategy of deploying Read more
Digital frauds a worry for central bank digital currency
The risk of cyber frauds is one of the major challenges to rolling out a central bank digital currency, requiring Read more
Cyber insurance industry to exceed $20bn by 2025, says GlobalData
The global cyber insurance market was worth $7bn in gross written premiums (GWP) in 2020 and will reach $20.6bn by Read more
Lemonade well-positioned to capitalize on motor insurance post-COVID-19 with its digital and value-first approach, says GlobalData
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
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
The changing customer landscape due to the COVID-19 pandemic has necessitated innovation within the insurance industry. Not only are Read more
