The pandemic has created a great deal of uncertainty in the global economy, and many businesses are looking for ways to reduce risk and increase stability. For insurance companies, mergers and acquisitions (M&A) may provide a way to achie...
Digitalization has taken over the insurance sector like every other. Companies are constantly seeking to build new products to improve customer experience. Here’s where consumer insights in insurance will prove vital. According to The S...
Though almost behind us, the pandemic caused some serious challenges to almost every industry under the sun, especially those that relied on in-person communications. Insurance as a sector experienced no immunity towards this impact. The shif...
With 2023 in the wings, it’s time to delve into the trends that will impact the insurance industry and find out how companies can prepare themselves better in the coming year. One thing we know for certain is that the industry has embraced ...
Globally, insurance firms are navigating volatile markets of economic uncertainty. As the pandemic-induced financial crisis persists, the future will require industry participants to juggle with dynamic investment, business, and regulat...
Pandemics such as the coronavirus can lead to an unforeseen disruption of business operations. Several parts of the world are under complete lockdown. As cases of infected individuals surge rapidly, businesses are faced with increased risk of...
The London Interbank Offered Rate (LIBOR) has been a global yardstick for interest rates at which banks borrow across borders, since 1986. However, in light of the LIBOR-fixing outrage and the ensuing $10 billion in penalties, both regulators...
Reinforcement Learning (RL) is the next revolution in AI. It is an advanced machine learning algorithm that has the potential to form the basis of autonomous systems with decision-making capabilities. Reinforcement learning is based on a feed...
In today’s highly volatile market, the financial industry is under tremendous pressure to keep costs low while delivering enhanced value. Customers today expect quick and easy access to services, greater personalization and value for money....
The possibilities offered by blockchain have been sparking intense discussions everywhere from boardrooms to technology summits for the past few years. Charged with several use cases and multiple applications across industries, this technolog...