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Cryptocurrencies (cryptos) are all the rage, featuring in headlines across news channels where one day earnings are through the roof, and the next, a scam emerges. Nevertheless, the hysteria continues, as does the cycle. But if you aren’t investing in cryptos, are you missing out? These assets that are not really assets in the traditional sense, hold such promise, or do they?
While work-from-home and safer living are driving sales on the coast and in semi-rural areas, making predictions about where residential property will go in the next 12 to 24 months is not easy.
Evolving consumer preferences, coupled with increasing use of big data and analytics, changing regulatory environment and the uncertainty brought about by the current challenging economic conditions, are changing the face of the insurance industry.
Storing data securely and using it appropriately should not be merely a compliance-driven practice; it should be a cornerstone of any business. Not only does appropriate data protection and use protect your business from risk, but it is also key to building customer trust, without which, no business can survive for any reasonable length of time.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?