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Insurance has always been a thing. But insurtech? It emerged only in 2010 when Friendsurance created the first peer-to-peer business insurance model. Nevertheless, in 2021, the global insurtech market size was already valued at $3.85 billion. Impressive enough, huh? But wait for it: from 2022 to 2030, analysts expect for the market to expand at…
Is blockchain only about bitcoin and other cryptocurrencies? Certainly, not. Blockchain guarantees the security and authenticity of data records. Today about 90% of banks in Europe and America research this decentralized technological system. Moreover, blockchain fuels insurance, healthcare, government, cybersecurity, and hundreds of other industries. Among the loudest names in the sphere are the businesses…
The raging storm of COVID-19 waves keeps on testing our healthcare systems. There has never been a greater demand for modern technological solutions used for professional diagnostics, treatment, and prediction of health conditions and specialized support and assistance of continuously overworked medical staff. According to The Lancet journal, machine learning in radiology is one of…
It’s not rocket science to answer the question ‘what is insurtech?’ from the perspective of the meaning of the word. A much more exciting issue is revealing how insurtech is improving and transforming such a historically conservative industry as insurance. Our new article will focus on the current trends and prospects for development to make…
Numerous apps and technologies surround us in everyday life. Checking the news, ordering food, buying tickets, meeting incredible people — thanks to mobile applications it has become much faster and easier to manage all these daily tasks. The Covid-19 pandemic has affected application users and pushed application development to a new level. So, what is application…