As with every other industry, the insurance industry is resilient and looking for new ways to grow and fight the turbulence in the global economy. There are numerous challenges that […]
With a wide range of options available for companies to explore, the Internet of Things [IoT] is gaining popularity and momentum across all industries, including insurance. IoT has an immense […]
In our earlier post, we had written about how the insurance industry has embraced advanced technologies, starting with IoT that included connected wearables. It is now time to talk about the […]
One of the things we will see plenty in the days to come is the Multi-Experience Development Platform, a concept put forth by Gartner back in 2018. MXDP is what […]
The term ‘citizen development’ refers to employees within a company who are non-professional developers who have been given access by the IT to a visual integrated development environment (IDE) where […]
The first two parts of this three part blog on Artificial Intelligence (AI) looked at: Behavioural premium pricing and Customer experience & coverage personalization – the first two, of three […]
More industries today have been disrupted by the current wave of transformation than have ever been disrupted in history. Some industries have been quick to accept the new realities and […]
In the next few years, over 35% of all insurance claims processes are likely to be fully automated. Yes, that is how critical Robotics has become to the business of […]
Insurance claim fraud is one of the major avoidable losses that hurt insurers all over the world. Most of the fraudulent insurance claims are from the P&C segment with auto […]
There are a number of factors that are driving the transformation of insurance distribution at a constantly accelerating pace. There are some insurers who are still trying to stay with […]
