In a recent survey done by a leading research firm, they discovered that only 61% of respondents [home insurance customers] were satisfied with the level of communication during a claims […]
The COVID-19 outbreak changed the industry outlook from positive to negative due to the volatile and uncertain markets. While the primary focus was ensuring safety and containing the spread of […]
Investment into telematics is quite critical and the insurance industry knows it. Over the years, the use of telematics has slowly but steadily been growing, as insurers have understood the […]
One of the most significant changes in the insurance space across the globe is the evolving markets and customer behaviour. Studies have proven that over 25% of the insurance customers […]
A survey among the Insurance leaders across the world would reveal- those who have adapted to the ecosystem and have developed the necessary capability to scale are the ones who […]
Everyone who is shopping around for an insurance policy wants to pay less but gain more coverage. While there are a few strategies through which this can be achieved, […]
The Gartner Market Guide for Online Fraud Detection has stated “by the year 2023, 20% of companies in the insurance and healthcare industries will use online fraud detection (OFD) tools, […]
Insurers are well aware that the traditional legacy technology that comprises systems for a new business underwriting, policy administration and claims is quite outdated. Quite a few insurance enterprises have […]
We live in a world where there is very little that hasn’t been disrupted by digital transformation and technology. The insurance industry has adapted to these changes and moving towards […]
Group insurance refers to an insurance cover for a group of people. The group of people could be employees of a company, or members of a society or a professional association. Group […]
