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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.,

Insurance 331
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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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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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Daily Crunch: Former Metamates go from zero to unicorn with $200M crypto investment led by a16z

TechCrunch

Markets have reacted negatively to the uncertainty. The venture result : The tough market is starting to show up in venture capital results, early data indicates. Last week TechCrunch noted that the NFT market appeared to be slowing. I don’t know why fines don’t scale more aggressively with market cap, but here we are.

Security 228
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Filevine raises $108 million for tools that streamline legal workflows

TechCrunch

CEO Ryan Anderson said that the proceeds will be put toward pursuing new market opportunities, specifically in the nonprofit, insurance, and public sectors, and “further evolv[ing] the [Filevine platform] to meet changing legal demands.” software-as-a-service market.” software-as-a-service market.”

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

Coforge

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