February 2024 - Page 13

TLDR: Predictive analytics is helping insurers in multiple ways: By helping triage and process claims more efficiently, predictive analytics can reduce processing time and costs while increasing customer satisfaction. Predictive analytics can

TLDR: WTW has launched the first-ever coral reef insurance policy in Fiji. Developed in collaboration with the Vatuvara Foundation (VVF) and BHP, the insurance policy aims to protect the coral reef system

TLDR: Kin Insurance, a digital home insurance provider, has reached a valuation of over $1bn and achieved Unicorn status following a $15m funding round led by Activate Capital. The funding will support

TLDR: – Smart home technology allows users to remotely manage and monitor devices in their homes. – Integrating smart home technology with local security and insurance companies can lead to lower insurance

Let’s see what’s in the news today. Spike in insurtech adoption holds promises for insurance If the moves by insurance technology (Insurtech) companies are anything to go by, there are glimmers of

TLDR: Business Insurance is conducting an annual survey on technology in risk management. The survey is targeted at risk managers and decision-makers in the field. The results will be published in a

TLDR: – Insurtech company Hadron Insurance is expanding into the UK market following its acquisition of Folgate Insurance Company. – Hadron aims to address deficiencies in the global hybrid insurance model, including

TLDR: Insurtech companies in Nigeria are offering hope for the struggling insurance industry. These companies are using modern technology to improve insurance services and reach underserved populations. They are exploring new avenues

Let’s see what’s in the news today. Government of Gibraltar and Insurtech UK renew Statement of … ‘We remain committed to supporting our insurtechs on their authorisation journey,’ says chief executive Read

TLDR: Info-Tech Research Group has published a blueprint called “Modernize Your Applications for Insurance” to help IT leaders in the insurance industry drive digital evolution. The blueprint aims to empower IT leaders