The rise of Insurtech companies is truly disrupting the insurance industry. Some of the traditional challenges faced by insurance companies like customer service, rising costs, customer acquisition...
Dec 16, 2019
With increasing smartphone penetration and internet access, insurance companies – which have historically been a laggard – are adapting to the modern customer needs by adopting new technological...
Jul 02, 2019
One of the key reasons for poor customer service is that business decision makers are out of touch with their customers, skipping their real pain and problems, finds a new study, the 2019 Global...
May 20, 2019
Digital transformation is sweeping across every industry we can imagine and the insurance sector is no exception to this rule. While the insurance sector remained quite a laggard when it comes to...
Feb 26, 2019
Tesla has already changed the rules of the transportation and energy industries. Up next might be insurance. Earlier this year, Tesla announced that it would offer lifetime auto insurance bundled...
Dec 11, 2017
Among 13 global industry sectors, the insurance industry is leading expenditure in Artificial Intelligence (AI) systems with USD 124 million, a study by Tata Consultancy Services (TCS) said on...
Sep 13, 2017
Global spending on the Internet of Things (IoT) will grow 16.7% year over year in 2017, reaching just over USD800 billion, according to IDC's Worldwide Semiannual Internet of Things Spending Guide....
Jun 15, 2017
A lot is written about the digital transformation efforts in Indian organizations. Some surveys have gone too far to claim that 84% of Indian businesses are seeing moderate to significant...
Mar 23, 2017
Most Insurers will partner with or acquire insurance technology startups to secure their competitive positions in the next two years. Insurance sector CIOs need to expand their market insight...
Oct 24, 2016