Search Results for: insurance policy

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate
Fintech News

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate

PR Newswire
by PR Newswire0
Deloitte’s 2024 Financial Services Industry Predictions reports highlight trends that have the potential to impact innovation and growth as well as risk and resiliency Deloitte released its “2024 Financial Services Industry Predictions,” which outlines some of the most significant emerging trends across the financial services industry over the next three......
Leading Indonesian Fintech JULO Accelerates Insurance Inclusion with Financial Inclusion through JULO Protect Plus
Finance Fintech News

Leading Indonesian Fintech JULO Accelerates Insurance Inclusion with Financial Inclusion through JULO Protect Plus

PR Newswire
by PR Newswire0
JULO, a leading Indonesian financial technology company, has successfully provided insurance coverage to over 200,000 customers in the form of existing gadget protection in just three months. JULO Protect Plus is a first-in-market collaborative insurance cover embedded within the core JULO virtual credit card solution. This benefit, launched under the JULO Cares......
Kanguro Insurance Expands into Renters Insurance in Texas Market
InsurTech News

Kanguro Insurance Expands into Renters Insurance in Texas Market

PR Newswire
by PR Newswire0
Kanguro Insurance, known for its innovative AI-driven pet health insurance plans, has announced its expansion into renters insurance, starting with the Texas market. The company is actively seeking partnerships with insurance agencies and property managers while offering a streamlined tech-forward product directly to consumers, particularly within Texas’s Latino community. “We recognize the need for......
Parametric Insurance: Revolutionizing Traditional Insurance Models
Guest Posts InsurTech

Parametric Insurance: Revolutionizing Traditional Insurance Models

Neha Batra
by Neha Batra0
Parametric insurance, a novel approach to risk management, represents a departure from traditional insurance methods. In contrast to indemnity-based insurance, where claims are assessed based on actual losses, parametric insurance operates on the principle of predefined triggers, typically related to weather benchmarks or other quantifiable parameters. This innovative model offers......
2047 Vision of Insurance for All: A United Push for Health Insurance Coverage
Guest Posts InsurTech

2047 Vision of Insurance for All: A United Push for Health Insurance Coverage

Santanu Agarwal
by Santanu Agarwal0
The Insurance Regulatory and Development Authority of India’s (IRDAI) vision of “Insurance for All by 2047” aligns perfectly with the government’s push for wider healthcare access. This ambitious goal can be achieved through a powerful combination of public and private initiatives, each leveraging their unique strengths. Government’s Push for Insurance ......
Policybazaar Emerges as Preferred Choice for NRIs
InsurTech News

Policybazaar Emerges as Preferred Choice for NRIs

Fintech News Desk
by Fintech News Desk0
The demand among the 18-60 age group has seen an impressive 130% year-on-year growth, with India emerging as the preferred choice for NRIs residing in the US, Canada, and select European countries. Policybazaar, one of India’s online insurance marketplaces, is witnessing a significant increase in non-resident Indians (NRIs) choosing term......
Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding
InsurTech News

Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding

PR Newswire
by PR Newswire0
The collaboration between these two companies has resulted in developing a software application designed specifically for primary insurers, which was recently featured at the prestigious 34th General Conference of the General Arab Insurance Federation GAIF 2024. Global reinsurance leader Gen Re and multinational technology firm CME have been working together to bring forth a......
Policygenius Released Policygenius 2024 Financial Planning Survey
InsurTech News

Policygenius Released Policygenius 2024 Financial Planning Survey

Fintech News Desk
by Fintech News Desk0
Wealthier Americans are the most likely to expect their debts to outlive them, according to the Policygenius 2024 Financial Planning Survey By Global FinTech Series News Desk According to a new report released today by insurtech leader Policygenius, nearly half of American adults (46%) expect that, if they died today,......
State Fund Declaring 10% Dividend for 2023 Policy Year
Fintech News

State Fund Declaring 10% Dividend for 2023 Policy Year

Business Wire
by Business Wire0
Approximately $102 million will be returned to California businesses State Compensation Insurance Fund (State Fund) today announced that it will declare an approximate $102 million dividend to its qualifying policyholders with policies that took effect between January 1 and December 31, 2023. This dividend equals approximately 10% of the estimated......
Sun Life US Calls for Mental Health Parity in Disability Insurance
InsurTech News

Sun Life US Calls for Mental Health Parity in Disability Insurance

PR Newswire
by PR Newswire0
Statement from Sun Life U.S. President, Dan Fishbein, M.D., on the ERISA Advisory Council’s recommendation to Congress Dan Fishbein, M.D., president of Sun Life U.S., released the following statement regarding the ERISA Advisory Council’s recommendation that Congress pass legislation to require mental health parity in long-term disability insurance. “Mental health is......
1