Blogs

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 […]

Underwriting is a critical process in the insurance industry that involves assessing risk and determining coverage for clients. With the advent of digital transformation, the underwriting process has undergone significant changes, making it more efficient and accurate feels Bahaa Abdul […]

The future of the insurance sector is quickly moving towards a decentralized, digital landscape. With blockchain technology being at the forefront of this transformation, insurers are beginning to explore new ways on how to use this revolutionary technology. And gain […]

Insurance claims administration is an intricate process requiring multiple data sets, documents, and interactions among various parties. At one time, claims management processes were heavily manual and time-consuming, creating inefficiencies such as increased processing time, human errors, higher claims costs, […]