As a relatively new concept, DeFi ‘is not widely understood by many market participants and policymakers.’ 4 The underlying technical...
McKinsey is a global management consulting firm committed to helping organizations create Change that Matters. Located in more than 130...
The insurance market is over 330 years old and has not changed fundamentally all this while. For years, even insurance...
Digital transformation means getting your customer online, knowing who the customer is, and engaging with them in a meaningful way....
Insurers have been accustomed to the current market realities of relatively low premium growth, rising loss costs, and ever-increasing customer...
As the saying goes, “Practice makes perfect.” In other words, people learn from experience. According to the Oxford Dictionary, “regular...
There is a lot of noise out there. Insurance CEOs constantly hear about digital marketing, digital distribution, digital IT architecture,...
The world is in a fast-changing phase in all aspects which applies to service industries as well.Customer awareness has increased...
Insurance Guarantee Schemes (IGSs) provide last-resort protection to consumers when insurance undertakings are unable to fulfill their contractual commitments. They...
Evaluating the Importance of AI in the insurance space Intertwining everything and everyone along with countless communication pattern variances produces...
