TLDR: The convergence of insurance and technology, known as Insurtech, is playing a crucial role in enhancing financial inclusion in India. Insurtech companies are leveraging digital platforms, mobile apps, microinsurance solutions, data

Let’s see what’s in the news today. Berkshire Hathaway Specialty Insurance Enhances Multinational Capabilities – FinTech Futures: Global fintech news & intelligence BOSTON–(BUSINESS WIRE)–Berkshire Hathaway Specialty Insurance (BHSI) today announced several enhancements

TLDR Technology is transforming every aspect of the insurance industry, but philanthropy remains a core mission. Younger workers are seeking companies that make a tangible difference in people’s lives. Technology can enable

TLDR: The 2023 KPMG Global CEO Outlook Survey reveals that insurance executives maintain a positive outlook on growth opportunities in the industry, despite compound volatility caused by disruptive events such as the

Trends to watch: New and emerging risks Artificial intelligence will be transformative for the insurance industry, but it must be accompanied by strong safeguards to protect data and prevent biases. Insurtechs can

The insurance industry is grappling with technical debt, which arises when shortcuts in IT infrastructure impede sustained and robust practices. Technical debt in insurance manifests as outdated pricing models, fragile spreadsheets, manual

TLDR: – Berkshire Hathaway Specialty Insurance (BHSI) has expanded its multinational capabilities and enhanced its services for customers. – The company has added new partners, expanded its internal team, and adopted a

TLDR: The global insurance industry is set to undergo significant transformation in the next few years due to technological advancements, changing customer expectations, and evolving regulations. Key predictions for the future of

TLDR: Experts predict that AI will play a significant role in improving customer experiences in the insurance industry, particularly in areas such as claims handling and response times. AI will also enable

TLDR: Life insurance industry is slow to adopt technologies like wearables, APIs, and blockchain, but these technologies will play a significant role in the industry’s future. Changing workforce and the need to