Insurance

Insurance CEO’s Accused Killer Pleads Not Guilty To Federal Murder Charges

Luigi Mangione, accused of gunning down an insurance executive in cold blood in a slaying that has divided Americans, pleaded not guilty to murder charges Friday, after he was arraigned…

‘Fallacy’ to say OCBC does not know insurance business: board chairman

[SINGAPORE] It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with the…

Innovations in Real-Time Fraud Detection: The Future of Insurance Security

A New Era in Fraud Prevention of Fraudulent claims in the insurance sector pose a significant financial challenge, leading to increased costs for companies and consumers alike. Addressing this issue,…

Trade Wars Hit Your Wallet: Car Insurance Costs Set to Rise

Picture this: you’re already wincing at the pump, grumbling over grocery bills, and now your car insurance renewal lands like a brick through your windscreen. Thanks to President Donald Trump‘s…

US Seeks Death Penalty For Accused Killer Of Insurance CEO

Luigi Mangione, accused killer of US insurance CEO Brian Thompson, appeared at a February 2025 hearing in Manhattan Supreme Court AFP US Attorney General Pam Bondi on Tuesday asked federal…

Revolutionizing Quality Assurance in Insurance: AI from Automation to Innovation

In this modern era the insurance industry is undergoing a major transformation as AI technologies evolve, reshaping traditional processes and ensuring efficiency. Ashwin Choubey, an expert in AI applications, explores…

Revolutionizing Insurance: AI, ML, and Big Data Transform the Industry

In today’s era of digital transformation, the insurance industry is experiencing a paradigm shift fueled by Artificial Intelligence (AI), Machine Learning (ML), and Big Data analytics. These cutting-edge technologies are…

Average growth of 8% a year in last decade by Singapore’s general insurance sector

[SINGAPORE] The Republic’s general insurance sector has grown at an average annual rate of around 8 per cent in the last decade, reflecting its consistent performance and resilience over the…

Temasek-backed insurance services firm Specialist Risk Group sets up Asia-Pacific hub in Singapore

[SINGAPORE] London-headquartered Specialist Risk Group (SRG) announced the formal launch of its Asia-Pacific operations on Tuesday (Mar 25), establishing a regional hub in Singapore. Backed by global private equity firm…

The Rise of Low-Code in Insurance: A New Era of Digital Transformation

In today’s fast-paced technological landscape, businesses constantly seek ways to innovate and stay ahead. Nowhere is this truer than in the insurance industry, where agility and efficiency are crucial. Digital…

Blockchain: The Digital Revolution Transforming Insurance

In the intricate landscape of financial services, a technological revolution is fundamentally recalibrating insurance operations. Padmaja Dhanekulla, a distinguished researcher in digital transformation, has unveiled groundbreaking insights into how blockchain…