04 07 2022 , Singapore – Ancileo has raised USD 3M seed funding from Fermion. The move is expected to help insurers improve and modernise their insurance distribution models, as well as forge the way towards a global insurance
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Generative AI (Artificial Intelligence) has certainly been making a buzz in many industries, including the travel insurance sector. As its name suggests, generative AI is a category of AI capable of creating original content such as text, audio, images, and videos.
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Effective marketing plays a vital role in the survival of a travel insurance company. As the market continually expands, travel insurers need to explore alternative marketing platforms to remain competitive. While it’s true that traditional marketing channels have been reliable, the travel landscape is rapidly evolving,
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The travel landscape has seen a remarkable transformation in recent years, with advancements in technology playing a pivotal role. One of the most significant contributors to this transformation has been the integration of Artificial Intelligence (AI) technologies, with ChatGPT being at the forefront.
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For travel insurers, finding the balance between profitability and competitiveness when it comes to pricing is an ever-present challenge. It’s like walking on a tightrope—you want to offer attractive prices for customers while also making sure that your company is making a profit. Though it’s a common practice to experiment on pricing
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We’ve only been halfway through 2023 yet the travel insurance industry has already witnessed so many interesting developments in the past few months. But brace yourselves! It will only get more exciting in the second half as 15 conferences
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“Turbulent years” could be the term that we can use to describe the upcoming years of the travel insurance industry. But contrary to how bad it sounds, the term is actually a perfect way to illustrate how the future of travel insurance
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The success of travel insurance providers hinges on their ability to identify target markets and tailor insurance products accordingly. By determining the right market and aligning their products, they can effectively allocate resources
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Gaining a deep understanding of consumer needs and preferences when it comes to travel insurance is crucial for travel insurers and industry players alike. To shed light on this important topic, we conducted extensive studies
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