From pandemic to endemic, COVID-19 is presenting the industry a rare silver lining to reinvent travel insurance – which has indisputably been the most affected product.
Read MoreAncileo sent out a survey questionnaire to 400 participants from the United States to understand how consumer sentiments towards travel insurance have changed in the endemic. The insights gathered from this one is part
Read MoreTraditionally, insurance has been regarded as a separate, and complementary or add-on purchase to a core product or experience that was already purchased. It’s been perceived as being sold “in your face.”
Read MoreBy now, we’d have known insurance to be one of those products that take more than its core function, aka price, to sell itself. What happens in the post-purchase experience (PPX) especially in the claims process
Read MoreWhere emerging industries and businesses become part of shared economies, we see an increasing shift from competition to collaboration in the strategies adopted by businesses to adapt and grow their revenue sources.
Read MoreAs travel is here to stay and we are still in COVID times, consumers would want to reduce as much uncertainty and as many risks as possible to optimize their travel experience by leveraging upon flexibility in travel bookings and insurance to recoup as much losses and expenses if the unexpected happens.
Read MoreTourism players have been on the edge since the travel sector has been stalled by the endemic. How are they spurring innovation, in the regard of technology solutions and revenue models, to lift tourism out of COVID-19 and beyond?
Read MoreInsurtech upstarts and VCs aren’t the only ones making a splash in the global insurance landscape today.
Read MoreFrom traditional insurers to insurtech upstarts, Big Tech firms are buddying up to crack the insurance market.
Read MoreCOVID-19 has created an unprecedented crisis for airlines, as revenues are headed for a crash landing should uncertainty persists for the travel industry… Hold up on that conclusion! There hasn’t been clouds of gloom for all airlines, as we recently came across this article by Skift
Read MoreGiven intermittent eruptions of the pandemic, border measures are constantly evolving and no doubt the uncertainty of travel has reached its all-time high today. It wouldn’t surprise us should there be a (re)emergence of hotspots leading to snap border closures and cancelled flights.
Read MoreThey say there’s music for every occasion. Our occasion is to celebrate insurance and its past and ongoing transformation. Read on and find out what we learnt by combining our insurance knowledge and endless jamming to pop songs in one insightful article.
Read MoreInsurance M&As are rising despite the heavy toll on world economies from the pandemic. In this piece, we talk about the rise of insurance M&As globally, their impact, the driving forces, and the way forward for insurance in Asia and the rest of the world.
Read MoreAs more industries digitise, cyber insurance partnerships are steadily emerging in unexpected places around the world.
Read MoreThese best practices can help OTAs ensure a higher conversion rate and convince users to buy travel insurance, thus boosting revenue from one of their key ancillary streams.
Read MoreInsurance partnerships with neobanks yield benefits for both insurers and insurtech firms, but concerns over their sustainability linger.
Read MoreThe impact of COVID-19 on aviation losses has been catastrophic. What does this mean for carriers and insurers when it comes to risk management and insurance premiums moving forward?
Read MoreDigital payments systems are on the rise, but few are as popular – or polarising – as e-wallets. Despite its naysayers, the e-wallet market is expected to balloon more than fivefold in the next four years, with as much as 1 in 2 people using one by 2025.
Read MoreMovies are omnipresent around us. And after watching many, many movies for research purposes obviously, we found some takeaways to learn and imbibe that we believe can be essential for insurers to apply into legacy firms to adapt with the digital transformation and evolving customer needs.
Read MoreThe article provides a guide to introducing what parametric insurance is, where parametric applies in both B2B and B2C insurance, examples of how parametric is being embedded in the product and partnerships, as well as its relevance in the future of the industry.
Read MoreAs the bedrock technology for digital currencies, blockchain is enabling the creation of value beyond cryptocurrencies. From banking to e-commerce, every industry is researching
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