insuranceindustry
It’s natural to link technology and artificial intelligence to industries like telecommunications, marketing, and manufacturing. In the insurance sector, perhaps not so much. Clients still receive cards in the mail, meet with agents in their offices, and speak with adjusters for claims. Yet technology is transforming the way insurance carriers provide coverage and how policyholders receive service. Q2 2022 hedge fund letters, conferences and more Technological advancements are starting to automate and predict standard insurance-related tasks, from filing a claim to adjusting a policy's coverag...
ValueWalk
The conditions of the global pandemic accelerated the transformation of industries when it came to digitization, and the insurance industry was no exception. Ecommerce experienced a colossal boom, as more and more people took to their devices to shop instead of venturing out, and the chain of industry sectors in the retail space had to scramble to keep up. Emerging technologies have been creating change in virtually every industry for some time now. While COVID-19 accelerated the speed of that evolution, the change in consumer behaviors and expectations isn’t going anywhere. There is still a s...
ValueWalk
The insurance industry of today is reaching a tipping point – past which two factors will force it to reshape: climate change and technology. Climate change is bringing reinvention to the way the industry invests – largely in fossil fuels – and its underwriting responsibilities. The manner in which insurance companies deal with both of these fronts is thus expected to drastically change in the coming years. Q3 2021 hedge fund letters, conferences and more Technological advancement is the second factor reshaping the insurance industry, though in a radically different way to that of climate chan...
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Legal funding, also known as litigation funding, is a relatively new industry. Legal funding companies provide plaintiffs in personal injury lawsuits access to fast capital to pay for daily living expenses and emergency expenses as they await the settlement of their claim. This allows plaintiffs to pay medical bills, rent, utilities, and other costs to maintain their lifestyle threatened by a catastrophic injury. Q2 2021 hedge fund letters, conferences and more Controversies Surrounding The Litigation Funding IndustryThis industry, which has become more prominent in recent years, is not withou...
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