BNamericas takes a look at the biggest players in the country in terms of net premiums written.
Colombia's ICT ministry Mintic recently outlined 20 policies and actions for the sector over the next five years, including a proposal to allow for the creation of a digital marketplace for trading personal data.
Officials at the justice ministry are opposed to the move, while the health ministry has defended it.
A survey by Tata Consulting Services (TCS) showed the most frequent use of AI would be in IT departments, but the technology would also be widely adopted for sales and marketing, and finance and accounting.
The hail of natural disasters in recent weeks, hitting the Caribbean in particular, is driving calls for an improved system for responding to more frequent events in the future.