Madison Rodak

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Predicting the Unpredictable: Digital Twins in the Insurance Industry

In an earlier article, we looked at how Augmented Reality (AR) and Virtual Reality (VR) are impacting the insurance industry. VR places users within a digitally simulated environment, while AR overlays digital information onto the real world, enhancing users’ perception and interaction with their surroundings.

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SMB’s Cybersecurity Weakness: The Pitfall of Overvaluing Compliance

A concerning 73% of owners of small businesses reported cyberattacks in the previous year. Small and mid-size businesses (SMBs) are the target of approximately 43% of cyberattacks. What’s even more alarming is that only roughly 50% of SMBs have cyber insurance policies or coverage because it’s an additional cost that many cannot afford.

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Why Car & Home Insurance Costs are Surging

With inflation high, many people are already feeling the squeeze. From groceries to gas to utility bills, everything seems more expensive by the day, forcing many to tighten their belts and make tough choices about what they can afford. Unfortunately, the pain doesn’t stop there.

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Why Insurance Must be Embedded

In the past, insurance was typically sold as a standalone product. Endless calls from insurance agents pitching motor vehicles or homeowners’ insurance made it seem like a money-mongering practice. This approach has gradually evolved.

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