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This is an accepted version of this page This is the latest accepted revision, reviewed on 8 January 2025. Equitable transfer of the risk of a loss, from one entity to another in exchange for payment "Insure" redirects here. Not to be confused with Ensure. For other uses, see Insurance (disambiguation). An advertisement for a fire insurance company Norwich Union, showing the amount of assets ...
MILVIK BIMA, which operates under the brand name 'BIMA' or 'MILVIK' is a Swedish Fintech company related health services, such as life and health insurance via a mobile app to middle class families in emerging countries.
Microinsurance is the protection of low-income people (defined as those living on more than approximately $1 but less than $4 per day [1]) against specific perils in exchange for regular premium payment proportionate to the likelihood and cost of the risks involved.
Open (Open Insurance Pty Ltd) was founded in Australia during June 2016 by British expats Jonathan Buck and Jason Wilby. The pair initially launched a consumer brand Huddle with the aim of challenging traditional financial services in Australia and offering a transparent and technology driven model for consumers.
"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry.This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as ...
Flooding resulting from Hurricane Katrina. Nationwide, only 20 percent of American homes at risk for floods are covered by flood insurance. [2] Most private insurers do not insure against the peril of flood due to the prevalence of adverse selection, which is the purchase of insurance by persons most affected by the specific peril of flood.
The tomb of Kha and Merit is the funerary chapel and burial place of the ancient Egyptian foreman Kha and his wife Merit, in the northern cemetery of the workmen's village of Deir el-Medina.
Internet of things (IoT) describes devices with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communication networks.