Articles

Insurance for the gig economy

The gig economy has been booming, and it’s no surprise why. From delivering food to designing logos, gig workers are reshaping the way we think about work. Whether you’re driving for Uber, freelancing on Upwork, or crafting art to sell on Etsy, gig work offers......

Insurance for the gig economy

The gig economy has been booming, and it’s no surprise why. From delivering food to designing logos, gig workers are reshaping the way we think about work. Whether you’re driving for Uber, freelancing on Upwork, or crafting art to sell on Etsy, g...

The future of insurance ecosystems

At its core, selling is about meeting customer needs. Utility—the satisfaction a consumer derives from a product—has always been the cornerstone of business success. Today, with countless products flooding the market every second, satisfying thos...

Are insurers adopting tech fast enough?

Insurance, along with other financial services, is undergoing a transformation fueled by rapid technological advancements. From artificial intelligence transforming how customers interact with insurers to blockchain enabling digital insurance co...

Tech-driven insurance: Revolutionizing disaster relief efforts

In a previous article, we saw how the increasing frequency of natural disasters has inflated homeowner’s insurance rates. When disasters strike, they leave behind devastation that affects communities, economies, and livelihoods. Recovering fro...

Blockchain applications in reinsurance

From revolutionizing payments, investments, and even contracts, blockchain has had many impacts on our lives. But its potential doesn’t stop there. In reinsurance, blockchain is quietly reshaping how insurers and reinsurers work together, offering ...

Predictive underwriting: How AI & data are revolutionizing insurance

In an industry where every second counts and every decision has a real financial impact, predictive underwriting is turning traditional insurance practices on their head. Gone are the days of lengthy application reviews and back-and-forth underw...

Beyond the headlines: What’s truly driving your home insurance costs?

Homeowners across the U.S. have been hit with steep insurance rate hikes, leaving many wondering, “What’s causing this?”. The answer isn’t as straightforward as it might seem. Insurance rates aren’t something you can easily adjust....

The green shift: Insurance’s role in a low-carbon future

We’ve all heard about climate change and its sweeping global effects—from stronger hurricanes to unpredictable weather patterns and rising sea levels. But what we often overlook is the significant role climate change plays when it comes to risk a...

The role of behavioral economics in Insurtech

Imagine flipping a coin. If it lands on heads, you win $100. If it lands on tails, you lose $100. Would you take this bet? Most people wouldn’t, even though the expected value of the bet is zero. But what if we changed it a little?......

How social media data is shaping insurance risk

Social media platforms like Facebook, Instagram, and TikTok provide a treasure trove of data that insurers are using to assess and manage risk. By analyzing the online behaviors of both potential and existing customers, insurers can adjust premiums, ...