insurance
![Identity in insurance](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/66043a1109d5b554d88aba98_62e932f49a6b5da84afd32f3_Web_What%2520Goes%2520Wrong.webp)
Fraudsters are using customer information stolen from breaches and other schemes to target insurance companies via identity fraud.
![Prove identity](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/660439936c62e6d793c198eb_62cd7e323cbec19eb501ea03_Web_Blog_Principal%2520Blinded%2520Customer%2520Case%2520Study.webp)
The company has already rolled Prove solutions out to 10 of their call centers.
![insurtech](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/660439377c238046bfc45268_62433094b223a076ad5768ca_15-innovative-insurtech-startups-in-us-to-keep-an-eye-on.webp)
Insurance across the globe is slowly picking up – with industries growing in both the developed and developing regions.
![insurance](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/66043a051383dac1183ed392_61b72f226098ca2576497192_the-sources-of-innovation-in-the-insurance-industry.webp)
The insurance industry is one of the most exciting areas of innovation with the highest disruption potential for tech-powered startups.
![blockchain and insurance](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/660439a5a491a3cb21a3aa58_61adead012c1d301ec33a99a_Impact-of-blockchain-on-insurance-industry%2520.webp)
The insurance industry has a vast potential for blockchain-driven innovations solving multiple pain points across the insurance value chain, owing to its reliance on disparate systems involving multiple participants with a high scope of data sharing.
![Gig economy insurance](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/660439ab49386dfba8036166_61dd92e806d9800efee5c9de_insurance-for-gig-economy-employers-and-workers.webp)
One of the elements of financial well-being is finding adequate insurance for the gig workers.
![insurance industry](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/6604396b6c067552ac4c6141_61c48ae352f3c34d395f368c_From-lost-opportunities-to-unfair-advantages-insurance-industry-bridging-gap-with-tehnology.webp)
The insurance industry constantly changes to accommodate complicated new regulations and a changing competitive landscape.
![AI in law](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/660439943c722977d69e8b94_61b71380e013e11b54268be7_how-ai-can-be-applied-in-law.webp)
Successful AI companies applying the power of machines, and investors are supporting them.
![insurtech](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/66043951cab1e6319ce57dad_61b701dcbd1f065aecd5ac10_barriers-and-drivers-of-insurtech-adoption.webp)
InsurTech is becoming a hot topic and sector for bright entrepreneurs to develop disruptive solutions.
![InsurTech](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/66043a014c20b6b31acd8f00_618cf3f4c37d8622b9ec69d9_the-future-of-insurance-is-insurtech.webp)
The insurance sector has entered a phase of profound transformation.
![](https://cdn.prod.website-files.com/6541324a91f919eeb68e9608/6604393682c1ac43737d4268_6113e32dbe9c54d6381313b9_10-reasons-why-insurtech-is-going-to-be-important.webp)
There are around 700–800 InsurTech firms globally that are addressing the requirements of the $4.5-trillion insurance industry.