Digitalisation in the insurance sector has transformed the way insurance policies are purchased, empowering the buyer to make an informed decision with minimal effort. The process of buying insurance online is efficient, and streamlined. Comparing policies online offers several advantages such as convenience, effortlessness, cost-effectiveness, greater transparency, comprehensive and customised coverage, flexibility, and access to […]
General Insurance
Regional Regulations and Goods in Transit Insurance: What You Need to Know
Regional regulations are important when it comes to transporting goods from one location to another. Depending on the region, these regulations may include safety and security measures that aim to keep both people and property safe during transit. They can also include restrictions or prohibitions on certain types of goods being transported through an area […]
Why are the Insurtechs making Rapid Inroads?
The traditional insurance operating model is an extraordinarily robust one that operated for a long period of time. However, it is starting to experience the digital impact as well. It is altering the delivery of services and products, as well as the structure of those services and products, and even the operating model itself. In […]
How are Claims Estimated in General Insurance Policies?
General insurance policies are non-life insurance policies that provide coverage for a wide range of risks and liabilities. They include insurance products such as property insurance, motor insurance, health insurance, travel insurance, liability insurance, and other types of coverage that protect individuals, businesses, and assets against potential losses or damages. Claim payments under general insurance […]