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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. IT as industry differentiator Insurers and financial services firms like MassMutual, of Springfield, Mass.,

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Digital listening reveals 3 leading innovation drivers

CIO

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0,

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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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10 emerging innovations that could redefine IT

CIO

The pace of innovation is relentless. The next generation promises to deliver the same unstoppable parade of innovation. Main constituents: Data-driven enterprises that want to explore computation-heavy challenges such as AI or complex analytics. Decentralized finance Some call it a blockchain.

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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. Legacy players are now forced to compete with “insurtechs” who are coming up with better, innovative ways to speak to the customer and provide satisfaction at a lower cost.

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Daily Crunch: Former Metamates go from zero to unicorn with $200M crypto investment led by a16z

TechCrunch

Which is, notably, a new blockchain, and not something built atop an existing decentralized network. I have yet to finish digesting it, but the concept of laggy regulation in the face of rapid innovation is never something to ignore. Astra manages to ad astra : Flying to space is a pretty binary activity. And there was more.

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