Insurers Accelerates Investments in Digital Technologies & Automation Strategies
Insurers are accelerating their investments in digital technologies, applying Artificial Intelligence (AI) and automation strategies across entire business functions
Technology
10 Key Benefits of Cloud Computing Technology for Insurance Business
Cloud computing is a term that has gained widespread use over the last few years. With the exponential increase in data use that has accompanied society’s transition into the digital
Insurance CEO’s Priorities to Drive Insurer Growth — Digital Technology, Talent & ESG
With swirling changes across the industry, KPMG surveyed 134 insurance CEOs, to gather their insights and perspectives on the industry and economic landscapes over the next 3 years
Insurers Should be Think How Insurance Policy Fits with Customers Lifestyle
Insurance customers are open to new services that mitigate risks and believe that insurers should be tackling climate change proactively
New Customer & Technology Trends in the Changing Insurance Market
The insurance industry will continue to follow in the tech world’s steps by rapidly innovating and shifting the way it does business in order to better serve
Сloud Technology for Insurance Industry. What Insurers Should Know?
Successful cloud migrations depend on knowing where the value for insurance lies in cloud and on business and IT working together
Best Technological Advancements for Insurance Agency Work
The future shown to us in old movies was unrecognizable to people of the time. Flying cars dotted the sky, robot maids cleaned up houses, space travel was easy
The Future of Insurance, InsurTech & 5G in a IoT-connected Ecosystem
As 5G towers begin to conspicuously populate our communities, we ask what the technology will mean for the insurance industry
How Voice Could Hold the Key to Preventing Insurance Fraud?
Insurance fraud costs the UK an average of £1.2bn annually. In the last year, fraudulent home insurance claims increased by 45% and according to the 2022 Insurance Fraud
How Artificial Intelligence Can Help Insurers Reduce the Inflation Impact?
Costs for everything from food to healthcare to insurance premiums have increased in the past few years – especially after the 2020 lockdown
Machine Learning in Insurance. AI-Driven Technology for Insurers
Emerging data analytics technologies centred on machine learning bring order and purpose to this unstructured data so that it can be more effectively
How IoT, ML, AI and Blockchain Technology are Changing Insurance?
Changing technology affects everything from what we eat to how we pay for our meals. Have you ever considered how it is changing the insurance sector?
How Rapid Advances in Technology Reshaping the Insurance Industry?
Rapid advances in technology, the continuing talent shortage and rising customer expectations for experiences of all types have disrupted the insurance industry
How Re/Insurers Can Meet and Manage Customer Demands & Expectations?
Delivering personalised experiences and meeting consumer demands has been a key priority for insurers and insurtechs
Technology Flexibility Matters for Growing Insurance Companies
Most successful insurance businesses and their distribution partners will be those who listen to their customers
Future Ways the Global Car Insurance Market May Evolve
Significant changes are ahead in AV and EV technology, and the Global car insurance market will need to adjust to the resulting disruptions
How Technologies Will Shape the Future of Autonomous Mobility & Insurance?
Autonomous mobility has the potential to dramatically transform the automotive insurance market, from underwriting to claims and beyond
How New Trends are Shaking Up the US Auto Insurance Industry
The approximately $260 billion US auto insurance market is on notice. The conventional US insurance market, currently dominated by internal-combustion-engine (ICE) vehicles
Technology & Regulation are Forcing Insurers to Transform Tax & Finance Operations
Pressures around data and technology, and increasingly complex regulation are forcing insurers to transform their tax and finance operations
Cloud Data Security. Main Cloud Adoption Goals & Challenges in Insurance
After the sudden shift to remote work, cloud adoption is still in progress and, as this report proves, is expected to continue over the next 12-18 months
Using Low-Code Tools, Insurers Can Establish a New Set of Base Insurance Products
Using low-code configuration tools, insurers can establish a set of base products which can be used as the foundation for product variations in order to tailor coverage
How Technology Can Help to Tackle Insurance Fraud?
The total cost of insurance fraud is estimated to be more than $40 bn per year. That means Insurance Fraud costs the average family between $400 and $700 per year
Insurance Claims Management. How Big Data & AI Technology Helps InsurTech?
The digitisation of claims management is a fundamental aspect of a modern and robust insurance operating model – but many insurers are still limited to using legacy systems
How Insurers and InsurTechs Can Transform Insurance Platforms? Core Transformation Missteps
As insurance carriers modernize their core platforms and other technical underpinnings, they would be remiss to ignore how industries like banking have approached change
Insurance Coverage and Key Benefits of Self-Driving Vehicles in the UK
Self-driving vehicles are fast approaching commercialisation in markets across the world. By 2035, 40% of new cars in the UK could have self-driving capabilities
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