More than 40% of consumers use AI tools to compare insurance products to help them to decide insurance purchases, according to a new study. AI also helps users bridge information gaps.
Singapore-headquartered Mobile-health Network Solutions (MNDR), a leading AI-powered digital health platform, has announced the signing of a non-binding Strategic Cooperation Framework Memorandum of Understanding (MoU) with Hector Capital Holdings.
Middle East Insurance Review (MEIR) has opened nominations for the prestigious Middle East Insurance Industry Awards (MIIA) for this year-which is the 13th annual edition.
Ethiopia's insurance industry faces growing pressure from digital newcomers as traditional insurers struggle with digitalisation, outdated processes and weak customer experience, according to a new study.
Around 7% of world's largest insurers are able to outpace average insurer profitability by leveraging end-to-end digital capabilities, according to a new study by ACORD.
Thailand's Office of Insurance Commission (OIC) has unveiled the findings of a strategic study on voluntary health insurance, positioning it as an important supplement to the country's public healthcare system amid the challenges of an ageing population and rising medical costs.
AI is reshaping customer behaviour and expectations, exposing gaps between technological adoption and existing insurance coverage, as well as heightening the need to address cyber and systemic risks.
bolttech has appointed Mr Watanabe Kohei as General Manager for Japan, with responsibility for the Japan business, including P&L across domestic and international operations.
Embedded insurance provider, EIP, has announced its new partnership with Insurtech Third Party Administrator, Nexacore, to deliver end-to-end device protection and extended warranty solutions across Southeast Asia (SEA).
Minister of Investment and Foreign Trade Dr Mohamed Farid has emphasised that digital transformation is a strategic necessity for the growth of Egypt's insurance sector, which requires a stronger private sector to support structural reforms and improve market efficiency.