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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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TechCrunch+ roundup: VC robotics survey, Visa Bulletin update, SaaS engagement metrics

TechCrunch

Since our last robotics investor survey in February 2020, Figure emerged from stealth with its bipedal humanoid robot, and Boston Dynamics’ Atlas became a parkour expert. Autonomous tractors, semi trucks and warehouse restocking bots have gone from concept to reality. .” “We’re very small in a large opportunity.”

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Digital listening reveals 3 leading innovation drivers

CIO

adult web users surveyed have used one or more generative AI tools. The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. McKinsey & Company’s 2022 Global Survey on AI says , “AI adoption globally is 2.5x and tokenization.

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The post-quantum cryptography conundrum

CIO

Cryptocurrency and the blockchain Imagine a bad actor possessing a CRQC and downloading a blockchain. The elliptic curve cryptography used in blockchain is more susceptible to quantum computing attacks than RSA encryption used to protect sensitive data in motion such as credit card transactions.

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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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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.”

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Who Will Blockchain Put out of Business?

GreenBar

​ That’s what I was asking myself at one of two blockchain presentations I recently attended. The first was a panel discussion in which knowledgeable blockchain evangelists predicted blockchain will indeed lead to the demise of entire industries. Businesses selling trust that can be replaced by using a blockchain.