Introduction The life insurance industry is undergoing a significant transformation with the integration of Internet of Things (IoT) devices and wearable technology. Traditionally, life insurance policies have been based on static risk assessments using historical data, medical exams, and generalized actuarial models. However, with advancements in digital health monitoring, insurers can now access real-time data […]
Day: March 14, 2025
Sustainable Coverage: Embedding Green Principles into Life Insurance Models
Introduction The life insurance industry has traditionally focused on financial protection and risk management, but as global concerns about climate change and environmental sustainability grow, insurers are recognizing the need to integrate green principles into their business models. Sustainable life insurance goes beyond conventional policies by incorporating eco-friendly investment strategies, reducing operational carbon footprints, and […]