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Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

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Impact of technology on insurance industry

Hacker Earth

Like every other industry, the global insurance sector, worth over $5 trillion, has undergone an immense overhaul because of disruptive technologies in recent years. According to PwC’s 2017 Global InsurTech Report, the challenges the insurance industry faces in their ability to innovate are. Blockchain. Talent (87%).

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6 Robotic Process Automation Strategies for Increased Productivity in Healthcare

Trigent

In tandem with big data, RPA is helping them distribute resources efficiently to address the gaps in workforce supply. Remote monitoring has become easier and more efficient with the Internet of Things (IoT). No wonder IoT in the global healthcare market was growing at a CAGR of 18% 3 and is predicted to reach US$ 181.4

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The Coforge Viewpoint: How Intelligent Digital Technologies will reshape Insurance Operations

Coforge

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5 Ways AI Will Transform the Logistics Industry

Altexsoft

As the world’s logistical requirements continue to become even more complex, big-data driven applications have already stepped in to streamline logistics on a global scale. Blockchain Can Greatly Improve Supply Chain Reliability and Integrity. This is possible because of the way blockchain works.

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The rise of InsurTech Startups

Apiumhub

Currently, technological advancements offer the insurance industry a tremendous opportunity to meet growing customer needs. These startups came up with interesting projects that make the insurance industry much more pleasant for the end users. It was founded to provide cyber risk intelligence to the insurance industry.

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Telemedicine Apps: Everything You Need to Know

iTexico

The diverse technologies that find great application in Telemedicine app development are: Big data. By implying the big data computations, it is possible to gather and evaluate EHRs (Electronic healthcare records). Blockchain. The technology excludes the loss of healthcare data opposing physical paper records.