Future Generali India has launched an AI platform that aims to simplify the process of assessing appropriate cover for an individual's health insurance requirements.
Despite strong regulatory frameworks and rising interest in digital solutions, resistance to change still exists, stemming from the use of, and familiarity with, outdated technologies and workflows.
Recently, Shenzhen Financial Regulatory Administration announced that six Shenzhen-based property insurers jointly issued the country's first cross-border e-commerce credit guarantee policy. The launch marks the official start of Shenzhen's pilot program for using insurance innovation to support the cross-border e-commerce sector.
INSTANDA, a policy administration and digital distribution platform for the global insurance market, has appointed Mr Jerry Hall as head of business development, APAC.
A promising area in insurance is digital health underwriting, where insurers use electronic health records - increasingly adopted across APAC - to conduct underwriting assessments more efficiently, according to Swiss Re head of life and health reinsurance APAC excluding China, Ms Daisy Ning.
The Moroccan Insurance Federation (FMA) has revealed several initiatives it is working on to improve efficiency and modernise the industry.
The National Insurance Commission (NAICOM) has said that technology must be used to deepen rural insurance penetration across Nigeria.
Liva Insurance, a leading GCC insurance provider, and Relm Insurance, which is dedicated to emerging sectors, yesterday announced that they have secured UAE Central Bank approval for their dedicated multi-line insurance solution for Web3 businesses.
AI, especially GenAI is transforming the India's insurance industry and productivity gains have scored over 30% according to a new report.
The adoption of shariah parametric weather index insurance remains in its early stages in Indonesia when compared to traditional takaful and conventional parametric insurance models, Zurich General Takaful Indonesia (Zurich Syariah) president director Hilman Simanjuntak has said.