The conversation around flood risk in the (re)insurance industry is "shifting from response to proactivity", according to Dr Andrew Smith, COO of Fathom, a water and climate information company.
The 2025 Hong Kong FinTech Week was held recently at the Hong Kong Convention and Exhibition Centre, marking the event's 10th anniversary and its largest edition to date.
Shenzhen has launched the city's first fast-track settlement channels for commercial insurance claims - "Direct Payment" and "Quick Claims" - through the integration of public data and multi-party collaboration.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued new guidelines establishing a comprehensive regulatory framework to help insurers and distribution channels identify, prevent, and manage fraud-related risks.
Tunisia is entering a new phase of digitalisation in the insurance sector with the launch of the first mobile application for motor accident reporting.
Insurance companies and intermediaries in Morocco are entering an unprecedented era, according to the National Federation of Insurance Agents and Brokers in Morocco (FNACAM).
Egyptian InsurTech company SehaTech has raised $1.1m in a seed funding round to expand its AI-centred platform that streamlines and automates health insurance administration.
Over seven in 10 (72%) of young people in Turkiye see insurance as a vehicle which can make their lives easier. In addition, with the advancements of technology and the digital age, those who prefer to purchase insurance through digital platforms constitute the overwhelming majority, at 78%.
The Turkish insurance industry is seeing the impact of digital transformation in almost every aspect of insurance functions, from customer relations to preventing insurance fraud, according to Mr Emine Feray Sezgin, vice president of the Insurance and Private Pension Regulation and Supervision Agency (SEDDK).
The Insurance and Social Security Supervisory Authority (ACAPS) is working on implementing a digital system to monitor online content related to insurance products and services.