We now live in the era of reasoning AI models where the large language model (LLM) gives users a rundown of its thought processes while answering queries. This gives an illusion of transparency ...

Sustained growth through digitalisation and strengthening distribution models The life insurance industry has seen significant growth, with an 11% CAGR in gross written premiums (GWP) between ...

What steps banks and insurance companies are taking today to offer cover in fresh ways, plus the giant leap being taken to reshape bancassurance sooner rather than later, is investigated by Emma Ann ...

Sustained growth through digitalisation and strengthening distribution models The life insurance industry has seen significant growth, with an 11% CAGR in gross written premiums (GWP) between ...

Open finance should open up data sharing for new cross-industry business models beyond just banking products and services. Bancassurance with banking and insurance is a case in point.

While banking and retail have already undergone dramatic shifts, the insurance sector is only beginning to harness the full potential of digital transformation. In Kenya, the pace is accelerating ...

Shares of SBI Life and HDFC Life shed 2-4% a day after Sitharaman's remarks, as over 60% of their premiums come through their bank partners, State Bank of India and HDFC Bank, respectively.

Stakeholders in the bancassurance sector have called for urgent regulatory reforms to match the pace of innovation in the insurance industry, meet customers' evolving needs, and unlock inclusive ...