GOT IT COVERED? INSURANCE IN A CHANGING CLIMATE

| June 28, 2018

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Climate change poses risks for insurance companies, so do responses to it by markets, businesses, consumers and governments. These risks need to be understood and addressed by insurance companies as well as insurance regulators who are responsible for the stability and soundness of insurance companies and insurance markets.

Spotlight

The New India Assurance Co. Ltd.

New India Assurance one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region excluding Japan. The New India Assurance Company Ltd wins NDTV Profit Business Leadership Awards 09 in Non-Life Insurance Category.

OTHER ARTICLES

Data & Analytics: An Insurance Perspective

Article | March 5, 2020

Technology has changed the way we live our lives and, as a consequence, the way we do business. Within the span of barely a decade, the smartphone has become almost part of us and the use of mobile apps and digital interactions have contributed to many industries transforming their operations.

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The Impact of COVID-19 on Insurance Companies

Article | March 5, 2020

The speed at which COVID-19 is impacting the economy is unprecedented. Like many businesses, insurance companies are facing unique challenges in this rapidly evolving situation. How insurers approach and respond to these challenges will influence their resiliency and ultimately how they will fare. Insurance companies are facing new pressures as they are hit with multiple challenges—all at once.

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The Impact of InsurTech on the Property/Casualty Sector

Article | March 5, 2020

The latest figures from a Willis Towers Watson report shows that investment in insurance technology, or InsurTech, reached an all-time high in 2019 at $6.37 billion, with funding in the Property/Casualty sector representing the lion’s share over its Life/Health counterpart. InsurTech is designed to disrupt and change the way the insurance distribution system conducts business, upping the game in delivering tailored product lines, reducing friction in client transactions, providing a better on-line customer experience, and assessing risk scenarios to provide new offerings.

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Will COVID-19 Disrupt Insurtech?

Article | March 5, 2020

If there is one thing that we have all learned with the spread of COVID-19, it is that there is virtually no industry that is immune to its impact. The global pandemic is disrupting the daily lives of individuals, the operations of businesses, the activities of governments and even the approach of cherished institutions like museums, universities and religious organizations. The P&C insurance industry, like many others, is reeling from the implications of the virus. Amid the rapid changes, it is important to assess the impact of COVID-19 on the insurtech movement. After all, insurtech has always been touted as the ultimate disruptor of the insurance industry. But, might COVID-19 prove to be a disruptor to insurtech?

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Spotlight

The New India Assurance Co. Ltd.

New India Assurance one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region excluding Japan. The New India Assurance Company Ltd wins NDTV Profit Business Leadership Awards 09 in Non-Life Insurance Category.

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