Introduction As cyber threats continue to evolve and multiply, organizations increasingly rely on cyber insurance to mitigate the financial impact of data breaches, ransomware attacks, and other digital risks. However, underwriting cyber insurance policies remains a challenging task due to the complex, dynamic, and often opaque nature of cyber risk. Artificial Intelligence (AI) is rapidly … Read more
Introduction The actuarial profession, long known for its rigorous use of statistics and financial theory to manage risk, is undergoing a transformation. The convergence of Big Data and Artificial Intelligence (AI) is reshaping the field, opening doors to enhanced predictive capabilities, faster modeling, and deeper insights. Actuaries, once confined to traditional datasets and analytical tools, … Read more
Introduction In today’s increasingly competitive insurance market, retaining customers is just as importantāif not moreāthan acquiring new ones. One of the most pressing challenges insurers face is policyholder churn, where customers cancel or do not renew their insurance policies. High churn rates directly affect profitability, customer lifetime value, and long-term sustainability. Thanks to advancements in … Read more
Artificial Intelligence (AI) is transforming the insurance industry at a rapid pace. Once known for its heavy reliance on manual processes, legacy systems, and conservative approaches, the sector is now embracing digital transformation driven by AI technologies. From risk assessment to customer service, AI is making insurance smarter, faster, and more customer-centric. This article explores … Read more
Artificial Intelligence (AI) is no longer just a buzzword in the insurance world ā it’s a disruptive force reshaping how companies operate, deliver value, and engage with customers. As of 2025, AI technologies are deeply embedded across the insurance value chain, driving efficiencies, reducing fraud, enhancing customer experiences, and enabling smarter decision-making. This article explores … Read more