There is a need to formulate a national vision for comprehensive digital transformation in the health sector in Lebanon, participants of a forum on the health sector have learnt.
China's insurance claim services for policies sold through the Internet have three major features: they are almost totally online, intelligent, and paperless, according to a study by the Institute of Finance and the Insurance and Economic Development Research Centre, both of the prestigious think tank, the Chinese Academy of Social Sciences.
InsurTechs have been under increasing pressure to demonstrate a plan for profitability as investors tighten their wallets to fund startups.
The most AI-trusting people hail from emerging digital growth markets such as India, Indonesia, Philippines, Nigeria, Mexico, and Argentina, according to an analysis by Swiss Re Institute (SRI).
Bowtie, Hong Kong's first virtual insurer launched four years ago, has grown together with industry peers to triple the market share of the direct distribution channel to 8.5%.
The Moroccan Federation of Insurance and Reinsurance Companies (FMSAR) is determined to launch a project to issue motor insurance policies online in the second quarter of this year, the association says in its latest bulletin.
The UAE insurance sector continued to grow in 2022, with the number of licensed entities increasing by 5.53% to 553 in 2022 from 524 in 2021, according to the Central Bank of the UAE (CBUAE).
ZhongAn Insurance and ZhongAn Technology have released the first-ever white paper on artificial intelligence generated content (AIGC) technology and the integration of AI into the Chinese insurance sector.
PICC P&C, China's largest non-life insurer, and China Re P&C have signed an agreement to establish a product innovation laboratory. The move signifies that cooperation between the two parties has reached a new level and entered a new stage.
The IRDAI is working to implement, by 1 August, two high-tech projects - Health Claims Exchange and Bima Sugam - to deepen insurance penetration and simplify claims procedures.