Insurance Industry

The Shift Towards Usage-Based Insurance: Revolutionizing the Insurance Industry

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A Guide to Insurance Based on Use The insurance sector is now utilizing a new kind of insurance called usage-based insurance (UBI). This is quite different from how pricing used to be set based on basic demographics. The main idea behind UBI is that the cost of insurance changes based on how a person uses … Read more

Accelerating Digital Transformation in the Insurance Industry

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A look at how digital transformation is changing the insurance business Digital transformation is the huge change that occurs when companies utilize digital tools to do their job better and provide their customers more value. Digital transformation is a big project in the insurance industry that tries to update business processes, get consumers more engaged, … Read more