Consider the possibility of a cyber attack on your small business. All data is lost, business cannot be operational, and clients are in danger; this is the reality for many SMEs. Nearly half (46%) of cyber breaches affect businesses with under 1,000 employees. Cyber insurance comes in as a financial instrument that helps to recover losses in the event of a breach. The most … [Read more...] about Cyber Insurance for SMEs: Affordable Protection or Unnecessary Expense?
insurance
Blockchain Revolution 2024: Transforming the Landscape of the Insurance Industry
In the dynamic landscape of the insurance sector, blockchain technology stands as a disruptive force, heralding transformative changes in 2024. Let's delve into how blockchain is reshaping the entire insurance industry, from operations to customer experiences.As we step into the new year, blockchain's impact on the insurance industry is set to redefine traditional practices and … [Read more...] about Blockchain Revolution 2024: Transforming the Landscape of the Insurance Industry
Insurance Tech & Innovation Conference
Transforming your insurance business has become crucial in today's competitive landscape!' ' To keep pace with the competition, insurance companies need to transform at a rapid speed. So we are organizing the Insurance Tech & Innovation Conference on June 12 - 13, 2024 in Chicago, USA to help you travel this transformation journey. This conference will bring 300+ insurance … [Read more...] about Insurance Tech & Innovation Conference
5 Use Cases of RPA in the Insurance Industry
With technological advancement, the influence of technology across industrial sectors has grown more than you might think. Robotic Process Automation or RPA is one such promising technology that is being employed in various industries, such as insurance. It has the potential to transform business operations and has become increasingly popular in recent years. A lot of … [Read more...] about 5 Use Cases of RPA in the Insurance Industry
How to Overcome Data Challenges While Processing Claims
Insurance claims processing is one of the core functions of any insurance business and is vital for business success and growth. That being said, claims management is a complex operation that involves volumes of data, heavy paperwork, multiple stakeholders, and significant risks. As such, modern-day insurance businesses rely heavily on data processing for efficient claims … [Read more...] about How to Overcome Data Challenges While Processing Claims
