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

Altexsoft

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. The company reduced time to process applications from what was usually 1-2 weeks to 20 minutes via their website’s online questionnaire.

Insurance 130
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Which emerging technologies are enterprise companies getting serious about in 2020?

TechCrunch

Scott Kirsner is CEO and co-founder of Innovation Leader , a research and events firm that focuses on innovation in Global 1000 companies, and a longtime business columnist for The Boston Globe. Big companies, often the target customers for startups, live in a much more near-term world. Virtual reality. AI/machine learning.

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Machine Learning In Internet Of Things (IoT) – The next big IT revolution in the making

Openxcell

From human genome mapping to Big Data Analytics, Artificial Intelligence (AI),Machine Learning, Blockchain, Mobile digital Platforms (Digital Streets, towns and villages),Social Networks and Business, Virtual reality and so much more. What is Machine Learning? Machine Learning delivers on this need.

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5 ways AI is showing promise as a decision-maker

CIO

Instead of waiting on hold or navigating through phone menus, customers can instantly get answers from a virtual agent that is far more engaging and knowledgeable than past generations of chatbots. Outcomes are fed back into machine learning models to improve prediction accuracy continually.

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Here are the 23 companies pitching at Alchemist Accelerator’s Demo Day XXVIII today

TechCrunch

Today is the 28th Demo Day for Alchemist , an accelerator that primarily focuses on enterprise companies — or those that sell to other companies, primarily, rather than directly to consumers. This latest cohort comes in at 23 companies. Alchemist companies have now raised more than $1.7 billion in funding, collectively.

Company 197
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Insurance IT leaders herald new era for digital customer experience

CIO

In the last few years, the [insurance industry] has taken us in some new directions, being more remote and virtual and changing behaviors than we would have seen in 2019 or before,” Harris-Ferrante says. The COVID wakeup call For most insurance companies, the global shutdowns that followed COVID-19 were the tipping point.

Insurance 295
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Crisis Management in the Digital Age: Lessons for 2024’s Unpredictable Economy

N2Growth Blog

Digital technology has become a guiding light in these uncertain times, taking on a more prominent role in companies’ strategic plans. It is the driving force behind the shift from traditional brick-and-mortar businesses to the virtual world. These factors are redefining the shape of the global economic terrain.