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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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6 Robotic Process Automation Strategies for Increased Productivity in Healthcare

Trigent

Remote monitoring has become easier and more efficient with the Internet of Things (IoT). IoT reduces the length of hospital stay and prevents readmissions, reducing healthcare costs and enabling better treatment outcomes. . No wonder IoT in the global healthcare market was growing at a CAGR of 18% 3 and is predicted to reach US$ 181.4

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

Coforge

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6 Disruptive Trends Shaping the Future of Mobile App Design & Development Sector

Openxcell

IoT (Internet of Things) Creating Buzz Globally. IoT has become a noteworthy part of our life not only as an individual but as a whole society. Smart TV, Smart Refrigerator, Smart City, everything has become smart, and the credit for that goes to IoT technology. Blockchain Technology Is Fueling Businesses Worldwide.

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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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5 Ways AI Will Transform the Logistics Industry

Altexsoft

Blockchain Can Greatly Improve Supply Chain Reliability and Integrity. Some experts believe that these issues can be addressed through the application of blockchain technology in key supply-chain transactions. This is possible because of the way blockchain works. This way, it’s easy to maintain transparency and accountability.