Future of Insurance

Phygital isn't just a trend; it's the future of insurance. By embracing a customer-centric approach that leverages technology without neglecting the human element, insurers can unlock a world of possibilities, fostering trust, loyalty, and sustainable growth in a post-pandemic world.

Innovation is a tricky and complex terrain; social media is trickier. According to the Khoros’ 2022 Social Media Demographics Guide, 42 % of the world’s population is using social media. Wondering how social media affects insurance? For insurers, this offers an opportunity to understand the audience characteristics of specific networks that are relevant to them — this is why we need to fo...

As the IRDAI prepares to unleash these momentous guidelines, the stage is set for a transformative shift in the realm of health insurance for senior citizens. The newfound hope instilled by this standard health insurance product will usher in a future where the elderly can navigate their medical journeys with greater ease, security, and peace of mind.

The insurance sector has been sluggish in embracing the advantages of technological advancement. Previously, the insurance sector relied only on obsolete machinery, multi-program processes, and wasteful paper-based procedures. This provides difficulty in terms of both success and annoyance in today's highly competitive environment. Thanks to contemporary Artificial Intelligence technology,...