Introduction Blockchain has been a darling of attention within the last ten years due to the revolutionary potential for many industries. Initially, the technology was intended as the fundamental basis for applications like Bitcoin and other cryptocurrencies; however, this technology has widely spread to so many industries nowadays, including the insurance sector. With its potential […]

Introduction Artificial intelligence is becoming a significant element of most industries. One of the industries most benefiting from artificial intelligence is the insurance industry. This paper explores how AI improves insurance claims processing. For many years, managing and settling claims was complex, time-consuming, and prone to human error. It is not just that the AI-powered

Introduction Managing insurance policies can often seem like a herculean task, especially when you have multiple policies for different aspects of your life, whether it is your home, auto, health, or life insurance. But thanks to technological advancements and the rise of mobile apps, insurance management has become simpler, more efficient, and highly accessible. Mobile

Introduction The insurance sector that for ages is known for its very orthodox procedures and paper-based processes is undergoing a tremendous transformation. AI, machine learning, big data, blockchain, IoT, and digital platforms are revolutionizing the landscape of this sector, changing the way insurance companies function, manage risks, interact with customers, and provide products and services.