For decades, insurance had a reputation for being antiquated and resistant to change. But with technological disruption shaking things up across all industries, even the insurance companies had to give him. The result? Insurtech, short for insurance technology, reached over $500 million market evaluation last year. From AI to blockchain, the insurance industry is now employing … [Read more...] about Will Big Data Kill Insurtech?
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Insurance AI and Innovative Tech USA
Harness the power of tech Accelerate seamless, digital and efficient transformation to serve your business and customer It is more important than ever for carriers to meet business objectives and customer satisfaction at scale. How companies react to competition, rising customer expectations and operational efficiency requirements will decide their future. As our lives … [Read more...] about Insurance AI and Innovative Tech USA
How Artificial Intelligence Is Revolutionizing Insurance
Artificial intelligence has been named a disruptive force in multiple areas, including finance, healthcare, and security. The insurance sector can benefit significantly from these advancements of cognitive technology too. This is made possible with the heaps of data collected by insurance companies and not used to their full potential. In the insurance business vertical, AI can … [Read more...] about How Artificial Intelligence Is Revolutionizing Insurance
5 ways Data Analytics is a Game Changer for the Insurance Industry
We are in the age of Big Data' and while it is becoming a big business in the emerging technological world, let us understand and get a deeper insight on what Data Analysis basically is. Data Analysis is a process through which we intensively inspect, transform, and model unstructured data, reducing it to a structured form. This is done with the intent of discovering useful … [Read more...] about 5 ways Data Analytics is a Game Changer for the Insurance Industry
DIGITAL CUSTOMER EXPERIENCE FORUM 2019
In business world the customer is king, and same applies to the Banking, Finance services and Insurance (BFSI) sector the focus MJDVent International's 2019 Digital Customer Experience Forum (DCxForum2019) holding in Nairobi, Kenya on the 28th 29th of November. Study has revealed that 49 percent of customers have only 'moderate trust' in their primary financial institute … [Read more...] about DIGITAL CUSTOMER EXPERIENCE FORUM 2019
