Insurance

    Safer Driving = Lower Bills

    Even though human beings are known to be pretty expansive, their greatest strength resides in their solutions. You see, time and time again, humans have displayed this tendency to find a way through every situation. Now, when you are stopped by nothing, you end up making some big leaps along the way, and if we talk about the ones we have under real-world circumstances, we’ll have to deem technology as the biggest of them all. Technology gets to be...

    Moulding the World around You

    One of the greatest things about human life is that it always stands a sizeable chance of getting better. At times, the idea of that next level might seem a little incomprehensible, but sooner or later, we do find ourselves in a position where the said idea begins to crystallize itself. This ‘come to Jesus’ moment also has knack of happening in many shapes and forms. For instance, when different sectors across the world were stagnating heavily and the...

    Reinventing the Look

    Even though every era we have lived through has been progressive to some extent, we clocked a different magnitude altogether when technology came around the block. All of a sudden, the concept of growth didn’t remain just about long-term. Instead, we were looking at a possibility of getting better every single day, and rightfully so. After all, we had something that was more than good enough to be the centerpiece for many future generations.  As if its core efficiency...

    Technology Adoption Spurs in insurance industry Amidst Pandemic

    During the Covid-19 insurers have dramatically increased their use of drones and mobile apps. They also anticipate the growth in such technology to continue once the health crisis passes. Some growth in what is known as "insurtech" was driven by the social distancing measures and quarantines that accompanied the pandemic, making technology adoption inevitable. An associate director at insurance rating firm AM Best, Edin Imsirovic said that the market pressure from the pandemic advanced innovation by a couple of years....

    Sompo International Partners with Flock to Provide Advanced Commercial Drone Insurance

    Sompo International Holdings Limited, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, stated today that it has entered into a long-term partnership with Flock, a UK based insurtech that offers data-driven insurance solutions to commercial drone operators. This partnership envisions the future of unmanned aviation by increasing the accessibility of critical insurance needed for emerging use-cases, like flying taxi passenger flights, drone cargo deliveries, and drone swarm shows. By merging Sompo International’s deep aviation and aerospace insurance...

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