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Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

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Digital listening reveals 3 leading innovation drivers

CIO

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0,

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Arkive is building the world’s first decentralized museum

TechCrunch

What if museums were curated and funded by the internet, and allowed pieces to stay close to their cultural roots, displayed in a context that made sense? TechCrunch spoke to the company’s founder, Tom McLeod, to find out why we need a blockchain-powered museum. That’s the premise of Arkive , which just raised a $9.6

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The post-quantum cryptography conundrum

CIO

Cryptocurrency and the blockchain Imagine a bad actor possessing a CRQC and downloading a blockchain. The elliptic curve cryptography used in blockchain is more susceptible to quantum computing attacks than RSA encryption used to protect sensitive data in motion such as credit card transactions.

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Impact of technology on insurance industry

Hacker Earth

Like every other industry, the global insurance sector, worth over $5 trillion, has undergone an immense overhaul because of disruptive technologies in recent years. According to PwC’s 2017 Global InsurTech Report, the challenges the insurance industry faces in their ability to innovate are. Blockchain. Talent (87%).

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Why is Now The Perfect Timing for Digital Transformation in Financial Services?

OTS Solutions

Various kinds of companies, from banks and insurance companies, have been around for 100 years. In fact, the next generation will be one of the first to use the Internet and will be part of a world that is already digital. Blockchain. Blockchain can also be used to do an escrow service.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

What it says it does : Building Plaid for insurance in Africa. Promises include : Curacel says it is building the rails to “make it easy and pleasant to get and use insurance in emerging markets and for the next billion Africans.” What it says it does: The company delivers toll-free internet apps. Website : [link].

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