Blog

IoT Data Transforms Insurance Industry Profitability In today’s dynamic marketplace, insurance companies are leveraging the power of the Internet of Things (IoT) to boost profitability. A notable example is Progressive, which has successfully navigated stressed market conditions and managed to outperform the market by utilizing IoT data. The Role of IoT in Life Insurance IoT […]

AXIS and MEA Expand AI Partnership to Boost Life Insurance Efficiency In a notable breakthrough for the insurance industry, AXIS Capital Holdings Limited and MEA (Machine Enhanced Analytics) have announced an expansion of their partnership to integrate AI capabilities more deeply into their operations. This move aims to significantly enhance the efficiency and accuracy of […]

AXIS and MEA Expand AI Partnership to Boost Insurance Efficiency In a bold move aimed at revolutionizing the insurance industry, AXIS Capital Holdings Limited and MEA Risk LLC have announced the expansion of their Artificial Intelligence (AI) partnership. The collaboration, set to streamline submission processes and improve service delivery, is expected to bring significant benefits […]

Gallagher Re Expands in Asia with Two Senior Appointments in Life & Health Gallagher Re, a global leader in insurance and reinsurance brokerage, has announced two senior appointments to spearhead its expansion in Asia. The move aims to strengthen its reinsurance efforts across India, China, and Hong Kong, emphasizing the rising importance of life insurance […]

Gallagher Re Expands in Asia with Senior Appointments Gallagher Re has announced a significant expansion of its presence in Asia with the appointment of two senior professionals in their life and health division. The move aims to strengthen their reinsurance efforts primarily in India, China, and Hong Kong. This expansion brings a renewed focus on […]

The Manufacturers Life Insurance Company Acquires 710 Shares of Horace Mann The Manufacturers Life Insurance Company, a prominent player in the insurance industry, recently acquired 710 shares of Horace Mann Educators Corporation (NYSE:HMN), highlighting an expanding portfolio that continues to address diverse insurance needs, including life insurance. This strategic move not only strengthens their market […]

Infosys and Data Breach Concerns: Implications for Life Insurance Policy Holders In a recent development, technology giant Infosys faces a lawsuit for delaying the notification to victims of a significant data breach. Notably, this breach has impacted various customers, including life insurance policyholders. Life Insurance Policyholders Affected Among the affected is Vivian Lindley, a customer […]

Manulife / John Hancock Convenes Global Leaders Driving the Future of Health and Wellness Life insurance giant, Manulife / John Hancock, recently brought together prominent figures in health and wellness sectors for its second Longevity Symposium. The event highlighted innovative approaches to increasing longevity and enhancing quality of life, while underscoring the pivotal role of […]

AM Specialty Insurance Company Receives Capital Boost: A Lifeline for Life Insurance Benefits In a significant development that promises to have far-reaching implications for the life insurance sector, AM Specialty Insurance Company has secured a substantial capital injection through a long-term partnership with a major lender. This capital boost is poised to enhance not just […]

Cayman Islands Re/Insurance Sector Sees Growth The insurance landscape in the Cayman Islands continues to flourish, as recent data showcases significant growth within the sector. For the current year, five new insurer licenses have been issued, bringing the total count to 29, according to the Cayman Islands Monetary Authority (CIMA). Life Insurance Benefits on the […]