The widespread use of technology today isn’t just saving consumers more time and money, but is also saving lives. In other parts of the world, the teenSMART driving program uses computer-simulated technology to teach inexperienced teen drivers about the necessary precautions they must know as young drivers to ensure their safety on the road. Studies show those who complete it have 30 percent fewer car collisions and accidents. The health insurance market is also growing to become one of the most innovative in technology, helping aging populations, patient demands and the rise of diseases to withstand pressure on the costs for delivering care through innovative technology that ensures quality of services at lower prices. According to The Financial Regulatory Authority, the insurance industry is estimated to represent almost 0.91 percent of Egypt’s GDP, which is considered to be one of the most important drivers of Egyptian economic growth. However, despite economic growth and high investment rate, the industry still faces a lot of challenges ranging from the diversification of its products to the difficulty in outreach. To meet those challenges, the industry inevitability must integrate technology to create sustainable innovative business…
5 Innovative Egyptian Insurance Companies That Might Save Your Life
December 8, 2019
