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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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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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Navigating The Complex Waters of Insurance Executive Search: A Strategic Guide

N2Growth Blog

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

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Southeast Asia insurtech Igloo increases its Series B to $46M

TechCrunch

Igloo develops its insurance products and then partners with insurers who underwrite their policies. Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It distributes its insurance products through partnerships, and is partnered with over 55 companies in 7 countries.

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Why is Now The Perfect Timing for Digital Transformation in Financial Services?

OTS Solutions

Various kinds of companies, from banks and insurance companies, have been around for 100 years. AI (artificial intelligence) and machine learning (learning by machines) have been getting a lot of attention lately as digital trends in many fields. Blockchain. Luckily, machine learning is giving us a way out.

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Daily Crunch: World’s largest Black-led VC fund leads $4M seed round for Nigerian retail automation startup

TechCrunch

It’s one of the startups participating in the TechCrunch Disrupt Battlefield 200, and it uses machine learning to try to identify fraud, waste and abuse in healthcare claims , Kyle reports. BetterData : BetterData taps the blockchain to help create better synthetic data. In search of a fix, Alaffia Health was founded in 2020.

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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%).