Competitive analysis in the insurance market space helps to identify industry trends and understand the market. It also provides insights on how your services can work to stay ahead of your competitors. It enables you to develop a strategy ba...
Insurtech revolution in the US has been phenomenal over the past few years and the technology has been able to meet the evolving customer requirements. The insurance market across the globe is huge, with the US insurance space being one of th...
The intricacy of the insurance sector has long been a deterrent to new entrants in the market, along with other entry-level obstacles. Essentially, this has shielded insurance firms from new types of competitors that offer seamless, customize...
Blockchain continues to remain one of the popular technology buzzwords globally with several industries including insurance embracing it to drive efficiencies. Blockchain holds the potential to transform the way insurance industry operates of...
As the insurance industry is constantly evolving to meet the requirements of customers and combat new challenges, it is critical for insurance carriers and organizations to keep up with the latest market trends. There are multiple drivers tha...
The insurance industry has been witnessing massive changes on the back of powerful digitalization for the past few years. This has led to the surge of insurtechs, which combines the best of both worlds – traditional insurance and modern tec...
Over the years, technology has disrupted many industries, including property and casualty (P&C), health or life insurance, workers compensation insurance, and others. Insurance organizations are leveraging technology to gain a competitive...
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...
As the need for digitization gets pervasive, many insurance firms want to be more present in their customers’ lives. They are working in this direction through medical-advice mobile apps, tracking drivers’ braking behaviors, and e...