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Act soon, and boldly: EY research indicates that up to 30% of insurance transactions will be embedded by 2028.
As consumer preferences evolve, insurers must do more than simply 'sell' insurance products to win customers.
The no-fault system is rife for fraudsters' exploitation and leaves the injured on the hook for unpaid medical bills and lost wages.
Around 25% of global losses from flood events were insured during 2021, according to Swiss Re.
The result is of woefully, chronically underinsured policyholders is uncovered risks and unrealized revenue.
The survey from Companjon reveals strong interest in digital insurance across Europe and the United Kingdom.
The financial impact of COVID-19 on small businesses highlights the need for business insurance as a safety net.
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