
Asian insurers need a framework to catch up to AI
The insurance industry and Asian insurers, in particular, are experiencing a monumental shift driven by artificial intelligence (AI). Read more…
The insurance industry and Asian insurers, in particular, are experiencing a monumental shift driven by artificial intelligence (AI). Read more…
The insurance sector is facing the winds of digital change. Stereotyped as a traditional industry, and not very innovative, the scenario appears to be changing. Read more…
Meta is doubling down on its commitment to the Metaverse by voicing its intention to allocate 20% of its expenses to the Metaverse, is that an insurance policy? Read more…
Customer data enables fairly priced services and a better experience for all – yet many firms use it to treat “good” customers better. That’s a bad idea. Read more…
Cyber insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine. Read more…
Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine have failed to materialize so far amid fears insurers won’t pay. Read more…
Insurers are cutting how much cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks. Read more…
Research forecasts that the value of AI underwritten insurance premiums will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019. Read more…
Driverless cars are cool and all, but how will it affect the insurance industry? Self-driving cars are touted that as the future of transportation by many. Read more…
Bharti AXA Life Insurance and Airtel Payments Bank announced an alliance to offer a government-backed life insurance scheme aimed at increasing the penetration of life insurance among underinsured masses and contributing to financial inclusion in Read more…
While the regulatory environment is moving towards an acceptance of autonomous vehicles far more quickly than I thought, I still think that the main resistance will come from the insurance industry, despite some studies indicating Read more…
(Reuters) – Apple and Cisco Systems have teamed up with insurer Allianz SE to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies, they said on Monday. The arrangement, Read more…
NEW YORK(Reuters) – Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but rapidly growing business. Read more…
(Reuters) – A cyber problem that temporary shuts down a top US cloud computing provider could trigger as much as $19 billion in business losses, only a fraction of which would be insured, Lloyd’s of Read more…
COPENHAGEN (Reuters) – Insurer Tryg expects 90% of its corporate customers to buy cyber crime insurance within five years as the threat from hackers and viruses to crucial data and IT systems grows. Tryg, Denmark’s Read more…
LONDON (Reuters) – Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform that will be the first real-world use of the nascent technology in Read more…
© Disruptive.Asia 2023