by Daniel LaLima | Apr 10, 2024 | General
Inflation and other economic trends are increasing expenses for insurers and policyholders, driving the need for change. Key takeaways: The world is going through a period of significant economic instability. Inflation is forcing prices upward, creating additional...
by Daniel LaLima | Mar 20, 2024 | Uncategorized
As natural disasters become more common, insurance costs and coverage limits could increasingly impact homeowners Key takeaways Climate change is increasing natural disaster frequency This causes significant losses for insurance companies Some homeowners could find...
by Daniel LaLima | Mar 6, 2024 | Uncategorized
Policyholders have concerns regarding rising premiums, but learning the underlying reasons can bring clarity. Key takeaways Insurance rates are increasing Economic instability is partially to blame Other factors include industry-specific trends, regulatory changes,...
by Daniel LaLima | Feb 21, 2024 | Uncategorized
Artificial intelligence is a valuable tool for insurance companies, but transparency and morality are necessary. Key takeaways AI usage is becoming increasingly common in the insurance industry Ethical concerns are arising because of greater use and the methods...
by Daniel LaLima | Feb 7, 2024 | Uncategorized
Artificial intelligence allows insurers to leverage big data to assess risk, streamline applications, and create fair pricing models for their customers. Key takeaways: AI is becoming increasingly vital to the insurance industry Insurers use AI in the underwriting...
