Blogs

Insurance companies have long used customer data to inform their decision-making processes stated Bahaa Abdul Hussein. In the era of big data and advanced analytics, the role of customer information is expanding. It can be used to understand risk factors […]

Insurance has long been associated with lengthy and complex processes that entail high costs and a lack of transparency stated Bahaa Abdul Hussein. The emergence of insurtech (insurance+technology) companies has leveled the playing field for new entrants looking to enter […]

Chatbots are *software algorithms* created for simulating conversations with users, typically over the internet feels Bahaa Abdul Hussein. Chatbots make use of the processing of natural language plus machine learning to understand and reply to user queries or commands in […]

The Internet of things (IoT) is a revolutionary technology that enables the interconnectivity of devices, appliances, and even vehicles, over the Internet observed Bahaa Abdul Hussein. This technology has a wide range of applications, and one of them is in […]

Parametric insurance is a kind of insurance that pays out a fixed amount of money when a specific event occurs explained Bahaa Abdul Hussein. Unlike conventional insurance policies relying on assessing actual damages incurred by policyholders, parametric insurance makes payouts […]

Insurance has historically been considered a slow and static entity, primarily focusing on compliance and risk management. However, with insurtech’s advent, the industry is experiencing a revolution that drastically changes customer experiences observed Bahaa Abdul Hussein. Insurtech refers to applying […]