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Personalized Insurance: Auto and Telematics, Health, and Other Success Stories

Altexsoft

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?

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Asset Tracking in Logistics: When and Which Technologies to Implement

Altexsoft

Modern asset tracking systems allow business operators and managers to always be on top of their assets’ location, condition, maintenance status, and performance, having access to all collected data in centralized storage. Complicated compliance and insurance procedures. Plus, asset tracking is required for insurance purposes.

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Freight Forwarder: Key Workflows and Technology

Altexsoft

inland transportation from origin and/or to destination, goods storage, preparation of customs and other documentation, freight consolidation and deconsolidation, container tracking, insurance services, import customs clearance, and so on. Reporting and analytics. Analytics is an essential factor of business growth and development.

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Vacation Rental Management Company: Business Model and Growth Strategies Overview

Altexsoft

Analytics and revenue management – managing companies monitor performance of properties under their control and use various revenue management strategies to maximize profits (e.g., Administrative tasks – property managers also often handle taxes, insurance, utility payments, etc. Data providers and business intelligence tools.

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Telehealth APIs: Building Tools for Remote Medical Care

Altexsoft

give access to a range of services that can be implemented into software within a few days or weeks; connect to different types of clinical data, including signals from wearables and IoT devices ; support a common “language” of machine-to-machine communication. applying business intelligence tools to draw insights from data.

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Fleet Maintenance Software: Technology Behind Preventive and Predictive Vehicle Servicing

Altexsoft

Such an approach requires a great deal of investment since a whole ecosystem has to be created, including IoT sensors installation, acquiring specialized software, creating and maintaining machine learning (ML) models, engaging IT and data science specialists , and so on. Visualizing and applying analytics results.

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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.