The insurance industry is moving beyond traditional risk assessment. Artificial intelligence, connected sensors and real-time event data are enabling insurers to predict risks, prevent losses and develop insurance products that respond directly to changing conditions. From Traditional Risk Assessment to Continuous Risk Intelligence Insurance has traditionally been built around a…
Migration, whether rural to urban or urban to rural (Rural vs Urban Migration), involves the movement of people from one area to another. The key differences between these two types of migration are the origin and destination of the migrants, along with the reasons and impacts of their movement. Rural…
Doubling the management positions in different organisations is rapidly catching on as a flexible work arrangement. With the current economic realities, it is prudent for businesses to make an organisational adjustment to compete and grow as well. For businesses to compete on a global scale, there’s a need for responsiveness…
This article describes how market prices could be used to set the right incentive to achieve long term growth (via long-term pricing). These days – in general – you need to have market power to be profitable. Market power means you need to a have a significant market share or…
Difficult times for banks. The existing business models are becoming less and less profitable and the new business models are either specified by the regulator or demanded by the customers. Gone are the days when banks could be successful as universal banks. A special business model (Banking as a Service)…
