Having spent decades in the insurance industry, Iโve seen cycles of optimism and overcorrection. Today, weโre inundated with terms like embedded insurance, AI-first underwriting, ecosystem plays, and real-time personalizationโall important, all exciting.But sometimes, I wonder: are we chasing innovation or marketing narratives? ๐๐ฐ๐ต ๐ฆ๐ท๐ฆ๐ณ๐บ ๐ฎ๐ข๐ณ๐ฌ๐ฆ๐ต ๐ต๐ณ๐ฆ๐ฏ๐ฅ ๐ช๐ด ๐ข ๐ต๐ณ๐ข๐ฏ๐ด๐ง๐ฐ๐ณ๐ฎ๐ข๐ต๐ช๐ฐ๐ฏ. | ๐๐ฐ๐ต ๐ฆ๐ท๐ฆ๐ณ๐บ ๐ช๐ฏ๐ฏ๐ฐ๐ท๐ข๐ต๐ช๐ฐ๐ฏ ๐ช๐ด ๐ข ๐ฅ๐ช๐ด๐ณ๐ถ๐ฑ๐ต๐ช๐ฐ๐ฏ. ๐ป๐๐ ๐๐๐๐ ๐๐ ๐๐๐๐ ๐๐๐๐๐๐.. Read more
The adventure tourism market, valued at $406.12 billion in 2024, is projected to grow at 16.8% CAGR through 2030. With more travelers seeking unique, immersive experiences, the need for specialized travel insurance is rising. Gamification in Travel Insurance- The World Travel Market 2011 Report identified gamification as a major trend, with 18-34-year-olds leading adoption. Want to know more on strategies.. Read more
Lately, the push toward customer-centricity has been everywhere in the insurance industry. It seems like every company is bending over backward to meet customer needs, adapt to every feedback, and deliver faster, more personalized experiences. But hereโs the thing: are we losing focus by trying to please everyone, and is this approach sustainable in the long run? The hero point.. Read more
Starting October 2024, policyholders in India will benefit from major regulatory changes by the IRDAI. Life insurance policyholders can now receive a surrender value after the first year of premium payments. Before this, no surrender value was available until after two years of premiums. This new rule provides more flexibility for policyholders who may need to exit early, offering more.. Read more
This will close in 0 seconds
This will close in 0 seconds