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With Technology, Insurance Is Shifting from ‘Repair and Replace’ to Prevention.

With Technology, Insurance Is Shifting from ‘Repair and Replace’ to Prevention.

A New Era for Insurance The insurance industry is undergoing a major transformation. Traditionally focused on “repair and replace”, insurers are now adopting a “predict and prevent” model — thanks to rapid advancements in technology. With tools like AI, IoT devices, predictive analytics, and telematics, insurance is no longer just about compensation after damage. It’s […]