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As insurers look to be more agile, data mesh strategies take centerstage

CIO

In an era of business where every industry requires its stakeholders to be capable of quick pivots and sharp turns, siloed information that ultimately slows decision-making can be the ultimate vulnerability. In this way, data may just be the ultimate disruptor – a fact that the insurance industry knows all too well.

Insurance 246
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IBM and AWS Create a Path to Modernization Via Industry-Specific Solutions

CIO

Yet one way to simplify transformation and accelerate the process is using an industry-specific approach. Any vertical modernization approach should balance in-depth, vertical sector expertise with a solutions-based methodology that caters to specific business needs. Consider the critical area of security controls, for example.

AWS 282
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Insurance IT leaders herald new era for digital customer experience

CIO

The insurance industry is undergoing a sea change, with IT playing a crucial role in rolling out digital customer experiences for policyholders and agents, as in-person meetings all but vanish in the post-pandemic era. We are paying very close attention to trends from a customer perspective.

Insurance 328
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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

Insurance 269
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Everything you need to know about parametric insurance

TechCrunch

Insurance is one of the few industries that have remained largely unchanged over the past few decades at a low level: You suffer losses as a direct result of something going south, and you get paid by your insurer. Parametric insurance, on the other hand, ensures that everyone can win.

Insurance 246
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Swiss Re streamlines insurers’ natural disaster response with AI

CIO

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Late last year, Vasagiri’s property solutions division released a significant new tool to help its clients. trillion. “If

Insurance 246
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Evy wants to offer product protection insurance everywhere

TechCrunch

Meet Evy , a French startup that is working on extended warranties and product protection insurance. The startup acts as an insurance broker and partners with Wakam to cover the risk — but it could also partner with other insurance companies in the future. Evy has created 25 tailor-made insurance programs in just a few months.

Insurance 245