Balancing advanced AI with human expertise is crucial for overcoming linguistic challenges in insurance claims, ensuring accuracy, and maintaining customer trust.
The global insurance industry faces inflation, natural disasters, and shifting demographics but finds opportunities for innovation and expansion into emerging markets.
The life and annuities industry must adopt modern technology, customer-centric strategies, and scalable solutions to engage millennials seeking financial security.
A new report highlights how emerging risks like severe weather and fraud are testing U.S. P&C insurers, urging faster adoption of AI and aerial imagery technologies to stay competitive.
A Chinese espionage group has infiltrated eight U.S. telecom companies, sparking federal investigations and raising cybersecurity concerns across critical infrastructure.
The 2024 Atlantic hurricane season, marked by record Florida landfalls and extreme storm activity, ranks among the most impactful in recent history, Howden Re reports.
Whether at work or with family, the holiday season demands communication skills that blend empathy, humor, and diplomacy to navigate sensitive topics and potential conflicts.
In 2025, workers’ compensation insurance will see advancements in AI, wearable tech, and remote work policies, alongside a focus on personalized claims management and safety programs.
As insurers increasingly adopt artificial intelligence, global regulators are stepping up oversight, emphasizing ethics, compliance, and transparency to mitigate risks and ensure responsible innovation.
Artificial intelligence is transforming the insurance industry by automating processes, enhancing fraud detection, personalizing policies, and streamlining customer service.
Insurance customers are increasingly satisfied with digital claims processes, thanks to mobile app improvements like collision reporting, image uploads, and seamless navigation tools.
Over 33,000 U.S. homes face extreme risks from three natural disasters, exposing gaps in insurance coverage and highlighting the urgent need for multi-peril resilience planning.
A Missouri farmer, known for his role in a reality TV series, has pleaded guilty to a multi-million-dollar crop insurance fraud scheme involving falsified federal benefit claims.
An annual operational review of claims departments is essential to improve efficiency, ensure compliance, and deliver exceptional customer service in an evolving insurance industry.