Insurance Firms Face Major Disruption from Digital Start-Ups in Most Sectors, Report Says


via CNBC : Insurance firms are facing increasing competitive pressure on all fronts due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report. With the integration of technologies like artificial intelligence, blockchain and drones entering the insurance mix, the sector is being forced to rethink …

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Business Insurance Basics: 14 Key Terms You Need to Know


Via All Business : Many industries have their own lexicon. Doctors, architects, dentists, and writers—to name a few—all have certain distinctive words that are used almost exclusively within the field to convey specialized meanings. The insurance also has its own vocabulary. However, unlike other fields that have a tendency to remain …

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