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Insurance Technologies: 13 Disruptive Ideas to Change Insurance Companies with Telematics, Blockchain, Machine Learning, and APIs

Altexsoft

Have you ever tried to check your insurance claim status? While some insurance carriers have made significant modifications courtesy of disruptive digitalization (we’ve already discussed this topic in our whitepaper), most companies trail behind. Insurants are not satisfied with their service providers.

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Concept to Cost: A Complete Guide to Blockchain Implementation

Openxcell

What is Blockchain technology? Blockchain Technology is a modern database infrastructure that revolutionizes information sharing amongst the network of participants. Due to this, Blockchain technology emerged as a potent immutable ledger for tracking orders, accounts, payments, and other transactions.

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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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Expected Blockchain Statistics and Trends for 2024

Openxcell

When Blockchain first emerged as the technology that backed cryptocurrencies, it was met with cynicism and skepticism. A decade and more later, the hype hasn’t died down and blockchain is all the rage. Blockchain market was worth $5.85 Tech experts were undermining its functionalities and criticizing its fervor.

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Fintech Blockchain: The Fintech boost everyone was counting on!

Openxcell

The fintech industry is the latest addition to the group of industries that seem to be realizing the transformative potential of Blockchain. Blockchain technology is known for the host of benefits that it brings to the table such as redesigned user experience, software delivery workflows, and reducing risks in business.

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IT leaders grapple with shadow AI

CIO

If someone wants to try it, they have to submit a request and we have to review it, and we will work with them to build a minimum viable product,” he explains. While Pick is encouraging employees at the insurance company to experiment, he insists their activities be monitored. “In That will pay dividends for years,” Pick says.

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Daily Crunch: Russia fines Google $374M for ‘illegal content’ over its Ukraine invasion

TechCrunch

Like a museum, but on the blockchain : Despite his usual misgivings for crypto tech, we spot Haje covering a rare blockchain story, about Arkive, and its building of the world’s first decentralized museum. Jaclyn also reports on Rolls-Royce and Hyundai partnering on air taxi hydrogen fuel systems. In 2020, the U.S.

Airlines 246