Ecosystems in Insurance: Collaborative Models for a Digital Future
In an era of rapid technological advancement, the insurance industry is experiencing a rapid transformation. Traditional insurance models are evolving to keep pace with the digital revolution, and one of the most significant developments is the emergence of insurance ecosystems. These collaborative models are reshaping…
Navigating the Digital Waters: Understanding PIPEDA Compliance
In the digital age, as businesses transition towards an increasingly online platform, the protection and ethical use of personal information have become paramount. PIPEDA, or the Personal Information Protection and Electronic Documents Act, is Canada’s federal privacy law that regulates the collection, use, and disclosure…
InsurTech: The Digital Transformation of the Insurance Industry
In recent years, the financial services sector has experienced waves of digital disruption, leading to the birth of “Fintech” – technological innovation in the financial sector. But there’s another offshoot of this transformation that’s equally revolutionary, yet perhaps less heralded: InsurTech. As the name suggests,…