As the global climate and population rise, the insurance industry is quickly adapting to its customers’ needs. Costs are exponentially increasing, and insurers are needing to invest in prevention to save the industry — and their customers’ best interests.

This means insurance companies are no longer there for their customers…


Many insurers of today are focused on ransomware risk protection even though other new vulnerabilities are emerging from remote work. The new class of crimes could result in claims damages that may amount to much more than a single ransomware situation.

Some recent statistics point to a troubling increase in…


Most digital insurance innovation occurs across customer-facing functions and applications. By enhancing the experience on digital platforms, insurers are investing in their growth and their most valuable asset — the customers. These components — the insurance ops that generate value — are what is known as the insurance value chain…


Process chaos can soon lead to inconsistencies in interacting with customers. If several employees are new and haven’t had the benefit of in-person training on the complex processes involved with client interactions, there can be big trouble. If there is inconsistency in how a process is carried out — for…


The changes in consumer habits are of great interest to insurance organizations. Customers who prefer to handle business digitally would deride at the prospect of having to meet in person with a broker and fill out a long application by hand to start a policy. …


Going back to history, the introduction of the telegraph, the breakthrough technology of the era, made new marketplaces more efficient, drawing in more participants and helping to support a country’s economic growth.

A similar process is underway in insurance. Today, a digital insurance marketplace is emerging, fueled by technological advances…


Carriers, pressed by lower expense insurtech models that emphasize direct-to-consumer engagement and new, rich data sources, are beginning to encounter a bifurcation of risk and client characteristics. …


Society has become dependent on insurers in this complex landscape where environmental disasters, health crises, and civil unrest are everyday issues. Yet, insurance companies struggle to keep pace and are protecting themselves with risk exclusions, leaving their customers high and dry and reliant on governments for financial help.

Consumers are…


There is no question that from smart home devices and connected vehicles to wearable health monitoring devices, the Internet of Things has had a transformative impact across market sectors, and insurance is no different. Globally, about 127 new devices are connected to the internet every second. …


There is no doubt that the insurance industry enables you to protect the downside of unforeseen events and mitigate the impact of risk events. Traders and mariners have been buying insurance for the last 500 years. Inevitably, the insurance industry has significantly evolved over this vast period of time and…

Inmediate.io

Introducing Inmediate: a platform on which customers, distributors and insurers using smart contracts connect. https://inmediate.io

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