User charges employed in the health insurance system bring equilibrium to the issue of healthcare cost versus benefit, writes Dr. Faraz T. Khan. Given the complexities of healthcare delivery, costs of healthcare services are not always in the reach of the consumers who may need to utilise these services without...
With InsureTech being the buzzword for this year, Michael Ilyas explains the various stages involved in setting up an online insurance aggregator and what it means for the industry. Digital transformation in the insurance industry is on the verge of catching up with the transition in other industries like retail...
Reducing the regulatory burden on the technological platform, would be likely to encourage more development and investment in InsurTech in the UAE, observes Wayne Jones. InsurTech is upending and disrupting traditional models of distribution for insurance products across the world. But, how is the UAE facilitating this technological evolution? In...
Voice technology will affect the future of financial services and can move the industry forward, with valuable applications across the customer experience, observes Alison F. Salka. If there is one universal theme in insurance and financial services today, it is change – relentless, more rapid than ever, and coming from...
Blockchain technology is evolving as a means of sharing authentic, real time information between entities while swiftly catering to the needs of the policyholder, writes Walid Dib. The past couple of years have showcased numerous blockchain pilot projects around the globe testing out possible use cases from blockchain in healthcare...
The patient-payer-provider triangle is the key to success and ushering in change, writes Georges Chidiac. The healthcare industry is experiencing a paradigm shift towards a patient-empowered model. Technological advancements in the medical field and better access to information have allowed patients to take a more active role in their own...
Life Insurance is based on the generic principle of Insurance. How can it remain profitable over the years? Satish Sharma discusses his views. The Good Luck of the Many pays for the Bad luck of the few. Life insurance companies capitalise by spreading the risk of the deathof few by...
The approach to healthcare is now moving away from a macro, population-level perspective to a micro, one-person-at-a-time approach, observes David Healy. When it comes to employee productivity, the return on investment employers can achieve through wellness in the workplace initiatives has been gaining momentum in recent years. Research has shown...
The patient, payer, provider triangle is the key to success and ushering in change, writes Georges Chidiac. The healthcare industry is experiencing a paradigm shift towards a patient-empowered model. Technological advancements in the medical field and better access to information have allowed patients to take a more active role in...
Suresh Nair takes a look at the efforts of regional insurers to introduce gamification. Life is more fun if you play games – Roald Dahl The insurance industry has often had the mortification of the word ‘traditional’ being tagged onto it in a not-so complimentary way. The critics mainly attribute...
