Parametric insurance uses automatic triggers instead of claims investigations, revolutionizing risk coverage with technology. From climate disasters to cyber threats, this shift raises profound questions about fairness, regulation, and the future of protection.
Artificial intelligence is fundamentally changing insurance through hybrid human-machine partnerships, raising ethical questions about algorithmic decision-making while enabling unprecedented risk prediction and personalized service.
Parametric insurance is transforming risk management with automatic payouts triggered by data rather than loss assessments. This emerging approach offers speed and transparency but faces challenges around basis risk and regulation as it expands beyond weather events.
Parametric insurance uses automated triggers like wind speed or earthquake magnitude to pay claims instantly, bypassing traditional adjusters. This tech-driven approach is transforming risk management for businesses from agriculture to renewable energy, though regulatory uncertainty and basis risk present new...
AI and climate change are forcing insurers to reinvent everything from risk modeling to customer relationships. This deep dive explores how technology is creating both unprecedented opportunities and profound ethical challenges across property, health, and commercial insurance sectors.