Tag: digital transformation

Bain: AI Adoption Expands in P&C Claims, but Full Scaling Remains Rare

Bain & Company’s 2025 report shows 78% of P&C insurers use generative AI in claims, but only 4% have scaled it. Learn about AI's potential to transform claims efficiency and productivity.

MetLife Nepal Celebrates 24 Years with Focus on Digital Innovation and Customer Support

MetLife Nepal celebrates 24 years with advances in digital health management services and strong employee welfare initiatives, enhancing insurance accessibility and customer support in Nepal.

South Korea Insurance Growth, India Digital Shift, Lockton Expands in Saudi Arabia

Explore South Korea's life insurance growth, India's digital shift in general insurance, and Lockton's expansion into Saudi Arabia, key developments in the global insurance market.

2026 Outlook: Transforming Personal Lines Insurance Through Digital Innovation

Discover how the personal lines insurance market will evolve by 2026 with key trends in digital engagement, AI strategies, and advanced risk insights shaping growth and coverage.

Munich Re Sets Ambition 2030 Strategy Targeting €6.3 Billion Profit and 18% ROE

Munich Re unveils Ambition 2030 strategy focused on superior underwriting, digital innovation, and sustainable growth, targeting €6.3 billion profit and over 18% ROE.

Kyndryl Partners with MEDVIDA Partners to Enhance Life Insurance Tech Operations

Kyndryl collaborates with MEDVIDA Partners to advance life insurance technology infrastructure with AI-driven integration, cybersecurity, and regulatory compliance solutions.

Insurance Industry's AI Readiness Survey 2025 Reveals Tech Adoption Gaps

Explore key findings from the 2025 Insurance AI Readiness Survey highlighting technology modernization, data governance challenges, cybersecurity risks, and workforce training in the U.S. insurance sector.

Insurtech Sees 50 VC Funding Events in November 2025, Emphasizing Digital Shift

November 2025 witnessed around 50 venture capital funding rounds in the insurtech and property & casualty sectors, underlining ongoing digital transformation and investor interest. Digital Insurance's monthly review highlights this trend in financial services.

Health Insurers Accelerate Back-Office Digitization for Growth and Compliance

Health insurance agencies are prioritizing back-office digitization to improve scalability, compliance, and customer trust amid rising demand for digital servicing. Modern unified systems drive growth and operational efficiency in an evolving regulatory landscape.

Magnifact Launches Real-Time Annuity Application Tracking with Revol One Financial

Magnifact and Revol One Financial implement real-time annuity application tracking using AI-driven API technology, enhancing operational efficiency and partner productivity aligned with IRI standards.