The increasing complexity and interconnectedness of the world have highlighted the importance of insurance, particularly in developing countries where many lack adequate coverage. Artificial Intelligence offers a solution by improving risk assessment, enhancing underwriting efficiency, streamlining claims processing, enabling personalised pricing, and enhancing customer engagement. By leveraging AI in the insurance industry, we can increase insurance penetration, making insurance more accessible and affordable for everyone, ultimately promoting economic stability and improving overall quality of life.
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Money Talks Podcast: Your financial checklist for studying abroad
The article discusses financial planning for studying abroad, emphasizing the importance of preparing for both tuition and living expenses. Dr. Chan Khai Leok from theRightU highlights various funding options, including study loans and endowment plans, while addressing the implications of interest rates and the potential for securing good jobs post-education. Need More Context? 🔎
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