InsurTech Market Will Reach of $165 bn in 2032. The Key Growth Drivers

Insurtech market is forecasted to reach a net worth of US$ 165.4 Bn in 2032 from a mere market value of US$ 12.5 Bn in 2021

Global Commercial P&C Insurance Sector and its Competitive Structure

Global commercial P&C (non-life) insurance market, 145 insurer (carrier / underwriter) groups had GDPW in this category of more than USD 1 billion

Artificial Intelligence in Insurance. How Does AI Technology Impact on Insurance Industry?

Some experts believe that artificial intelligence (AI) could completely disrupt the insurance industry as we know it. So what does the future hold for insurers?

Insurance for Crypto Assets. How Does Crypto Insurance Coverage Helps Mitigate Against Losses?

For the digital asset market, insurance has proved something of a conundrum. As the sector has surged in value, the need for coverage has grown, but it has not proven easy

How Blockchain Can Help the Insurance Industry?

Blockchain continues to be a hot topic in the business world and news. Many people have heard of blockchain but may not be familiar with what it actually is

What Does Pet Insurance Cover and Not Cover? Dog, Cat, Horse & Rabbit Insurance Cost

It depends on the type of policy you go for, but as well as veterinary treatment for accidents and/or illnesses policies

What are the Main Reasons for Cyber Insurance Claim Denials?

Сlaims determinations under cyber insurance are particularly susceptible to insurers arguing that they did not intend to cover a type of claim

Insurance Claims Management. How Big Data & AI Technology Helps InsurTech?

The digitisation of claims management is a fundamental aspect of a modern and robust insurance operating model – but many insurers are still limited to using legacy systems

Global Cyber Insurance Claims Report: Ransomware Trends & Predictions

The scale and frequency of cyber incidents led 2022 to be the year that cybersecurity issues entered the mainstream discussion

How InsurTech Can Help Insurers Optimize Pet Insurance Industry?

A recent survey pet insurance buyers in the UK about their feelings on pet insurance pricing, availability, products and service offering

How Insurers and InsurTechs Can Transform Insurance Platforms? Core Transformation Missteps

As insurance carriers modernize their core platforms and other technical underpinnings, they would be remiss to ignore how industries like banking have approached change

How Do Insurance Markets Respond to Inflation? Negative Effects of Inflation on the Insurance

The insurance industry is often described as “recession proof” but it’s definitely not inflation-proof. We’ll try to cover the what, why, and how of inflation

NFT Thefts and Financial Crime. Types of Scams in Non-Fungible Tokens

The prevalence of scammers on online NFT communities remains a key issue for traders and marketplaces, and can result in millions of dollars worth of asset losses with a few seconds

Mergers & Acquisitions (M&A) in the Global Insurance Industry. Five Growth Factors

The volume of mergers and acquisitions (M&A) in the global insurance industry reached its highest rate of growth for ten years, up 9.5% in 2022

Life & Non-life Insurance Market of India Outlook

The life insurance industry is expected to increase at a CAGR of 5.3% between 2019 and 2023. India’s insurance penetration was pegged at 4.2% in FY21

NFT Use Cases: Digital Artwork, Fundraising, Metaverse, Exclusive Membership & Gaming

NFT marketplaces must be proactive in risk management to mitigate these repetitional risks and issues. Sanctions screening solutions are also becoming increasingly essential for NFT-based platforms

How International Financial Reporting Standards (IFRS) 17 Will Reshape Insurance Accounting?

IFRS 17 requirements could result in accounting mismatches and volatilities in profit and loss—a direct consequence of the insurer’s reinsurance management strategy entered

How Florida’s Insurance Market Could to Respond to a Repeat of a Category 5 Hurricane Andrew?

Because of significant exposure growth, the impact of social inflation, and climate change complications, Florida’s insurance market could struggle to respond to a repeat of a Category 5 hurricane

7 Main Types of Insurance for You Need. Why is it Important to Have Insurance Coverage?

Insurance policies can cover up medical expenses, vehicle damage, loss in business or accidents while traveling. Life Insurance and General Insurance – major types of insurance

FDIC Deposit Insurance for Crypto Assets: Products, Risks, Coverage

Some customers of crypto companies, such as crypto custodians, exchanges, brokers, wallet providers, and neobanks may be confused about Insurance Coverage