Achim Steiner, Under-Secretary-General of the United Nations & Executive Director of the United Nations Environment Programme rightly observes: “In 1992, the risks to people and the planet from accelerating environmental degradation and social inequalities were just being glimpsed.
‘Act of God’ refers to natural disasters that are not caused by any human intervention. In fact, it pertains to natural catastrophic occurrences that are beyond the slightest degree of human control.
Insurance has the potential to transform lives, which is why it is considered essential. The potential to ignite financial confidence is synonymous with transformative change that percolates down to local communities worldwide. However, not all industry players and decision makers appreciate the power of InsurTech and embedded solutions. Only data-driven, razor-sharp visionaries can recognise i...
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...
In today’s evolving landscape of financial security and risk management, young professionals could bring about revolutionary change in the insurance industry. India has a large population of millennials and centennials, and it is important that they view insurance not as an afterthought but as a part of their financial planning. Advancements in technology are opening new opportunities for ins...