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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legacy technology that comprises systems for a new business underwriting, policy administration and claims is quite outdated.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 […]
Few months ago, we wrote about digital transformation in the Finance industry on our blog. In this post, we shall dig deeper to study the various technologies that the financial […]
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 […]