Insurance Related Topics 
Perficient
MARCH 3, 2023
In this blog, we’re going to stay in the world of finance, but pivot to embedded insurance. Recall flying back in the 1970s, when airlines began offering life insurance at the airport to folks before they boarded their flight. i-Insurance anyone?
Coforge
JANUARY 10, 2023
From new regulations and policy changes to the emergence of innovative technology, the insurance industry is constantly evolving to meet the needs of consumers. We will look at some of the top trends in insurance for the year 2023. Insurance
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Teradata
JANUARY 20, 2023
The dwindling personal auto insurance market is a harbinger of a lot more change to come. Find out more
Newgen Software
JUNE 24, 2022
Underwriting is very common in finance, insurance, banks, and lending business. Insurance underwriters are professionals who evaluate and analyze the risks involved in ensuring people and assets. The post Selecting the Right Insurance Underwriting Software appeared first on Newgen.
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Coforge
MARCH 20, 2023
The insurance sector is undergoing an extensive digital revolution. Insurance Business Process Solutions Digital AutomationIt may mean radically reimagining how a company gives value to its customers, staff, and stakeholders.
Dataiku
DECEMBER 6, 2022
When it comes to the use of AI in insurance, a Dataiku-sponsored survey of executives revealed that insurers still have room to grow — only 7% of insurance companies surveyed are considered leaders.
Cloudera
JANUARY 27, 2022
Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. In this session, Denise mentioned a range of smart devices and related technology that insurers are adopting to support and service their customers better.
ShepHertz
MARCH 24, 2017
Insurance, ever since it began, has always been a seller’s market. The post How Omni-Channel Digitization is Transforming Insurance Industry appeared first on ShepHertz App42 Blog. App42 MA General Blogs digitization of insurance sales force automation for insurance omni channel insurance insurance digitization platform insurance salesforce automation digital transformation in insurance insurance marketing automation sales force automation tools
Teradata
AUGUST 17, 2021
Vantage on AWS supports Next Best Action efforts - adding new supplemental coverage on policy renewals at a rate of 250
QBurst
JANUARY 15, 2021
Claim adjudication, the process of determining the financial liability of a claim by the insurance company, is quite complex and time-consuming. The post Automating Insurance Claim Adjudication appeared first on QBurst Blog.
DXC
JULY 18, 2021
Many insurance companies are suffering from the negative effects of historically low interest rates in a low-growth business environment. A recent Computer Economics report shows the urgency for insurers […].
Cloudera
NOVEMBER 16, 2020
The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. This means Insurance fraud costs the average U.S.
Newgen Software
MARCH 6, 2022
To showcase how the right technology can take you closer to your digital goals, Newgen is participating in InsurTech 2022 – a networking conference focusing on the insurance sector, along with Infosys. Related posts: Business Process Management Software: 3 Use Cases in Insurance.
DXC
SEPTEMBER 16, 2020
The insurance industry is in the midst of a brutal stress test, due to the current environment. Some insurance products may become uneconomical. And many insurers will come under pressure to reduce their spending. Insurance
DXC
JULY 18, 2021
by Jeff Williams Many insurance companies are suffering from the negative effects of historically low interest rates in a low-growth business environment. The post 3 ways to modernize legacy insurance systems appeared first on DXC Blogs.
Newgen Software
MARCH 3, 2022
An automated insurance underwriting system can simplify the underwriting process while enhancing workforce productivity and maximizing customer satisfaction. The post Automate Insurance Underwriting – The Need of the Hour appeared first on Newgen. Insurance
DXC
AUGUST 10, 2020
For the insurance sector, this has brought forth both new market opportunities and new market confusion. The insurance sector has leveraged digital for new ways of working, and that has proven to be especially valuable in light of […]. Insurance digital insurance
Coforge
DECEMBER 8, 2022
We ask Vikram Singh, our AVP, Insurance Practice Head for his views. The impact of insurance is increasingly significant and highly disruptive due to operational processes. Both AR and VR have the potential to disrupt the way insurance carriers operate their business. InsuranceVikram, can you provide a quick view on why XR is becoming a focus point?
Strategy Driven
MAY 25, 2021
Business insurance is financial coverage for your business. There are different types of insurance for businesses, from insurance on equipment, structure, loss of revenue, cyber insurance and many more. When do I need business insurance?
DXC
JULY 11, 2021
Many insurance companies are suffering from the negative effects of historically low interest rates in a low-growth business environment. A recent Computer Economics report shows the urgency for insurers […].
TechBeacon
MAY 13, 2021
Huge multinational insurance firm AXA Group has announced it will no longer write cyber-insurance policies that pay out extortionate ransoms to hackers.
Strategy Driven
OCTOBER 12, 2022
This can include getting insurance from third parties such as www.secursus.com. But before you begin all that, how do you determine the best insurance for shipping packages? Why should a business owner buy small packages insurance? What does small package insurance cover?
Dataiku
FEBRUARY 16, 2021
Insurance is one of the many industries that has been tremendously shaken by the events of 2020. These unprecedented happenings are significantly reshaping the insurance market, pushing insurers to review their approach to numerous sectors and risks.
Cloudera
FEBRUARY 18, 2021
We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In Deloitte’s Insurance Outlook survey , 79% of respondents believed the pandemic uncovered shortcomings in their company’s digital capabilities and transformation plans.
Strategy Driven
MAY 16, 2022
Starting an insurance company is already challenging, mainly because of the competitive market in the industry. The problem is that most insurance agency owners often hit a growth ceiling which hinders them from moving forward.
Newgen Software
JUNE 18, 2021
Process automation has been at the forefront in the insurance landscape, but now, the future of insurance will be shaped by behavioral intelligence and predictive analytics. The post Fire Up Your Insurance Engine with Predictive Analytics appeared first on Newgen. Insurance
Altexsoft
SEPTEMBER 27, 2020
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. Insurance Carrier.
TechBeacon
OCTOBER 4, 2021
Boards of directors and top brass at companies sometimes look at cyber insurance as a way to plug gaps in their security schemes.
Strategy Driven
NOVEMBER 13, 2022
Car insurance policies are necessary to have if you want to legally drive a car. Every state has its law on car insurance policies. Some states require you to only have liability insurance to drive a car. Do you need auto insurance policies in that case?
ShepHertz
MARCH 24, 2017
Insurance, ever since it began, has always been a seller’s market. It has enjoyed complete control of the buyer and provider relationship for over hundred years. Until the past few years, when digitization disrupted the market completely everything started to […].
Teradata
AUGUST 26, 2022
Is insurance immune from the surge in data-driven applications in other industries? Of course not, but why has there been such a slow uptake in data resources
Trigent
MAY 21, 2021
According to a recent poll, 54% of CIOs believe that insurance companies are resilient and will continue to remain so if they move quickly and decisively. Several new trends have emerged as more insurers adapt to these changes. 3 key pillars defining the insurance industry strategy.
Xicom
JUNE 8, 2020
An Insurance mobile app is a must-have nowadays, and these are not just words, we can prove it! This holds true and blue to all business areas, and insurance is no exception. Thus, the insurance mobile app came into. The Demand For Insurance App. But what is pet insurance?
Dataiku
MAY 12, 2022
Estimating risk is the essential ingredient to determine the price of an insurance policy. For decades, actuaries have used statistical models to predict the risk of losses or damages to calculate an insurance price.
DXC
MARCH 21, 2022
With the top 10 insurers worldwide currently still relying on mainframes, legacy systems continue to be the heartbeat of insurance processing. Increasingly, insurers are looking to modernize existing infrastructure, move to cloud, or both, to support business transformation initiatives.
Dataiku
OCTOBER 31, 2022
The insurance industry is one of the oldest in the modern world. And like all aged, stately things, it moves both gracefully and slowly.
Cloudera
APRIL 7, 2021
Insurance carriers have a unique opportunity: They have access to powerful technologies and a wealth of information that can help them to better understand their customers and provide an enhanced customer experience. . Expectations affecting Insurance. The Opportunity for Insurers.
Dataiku
DECEMBER 7, 2020
Dealing with your insurer after an accident can be a stressful process, so when faced with the challenge of improving its claims process, a UK-based insurance firm turned to Dataiku.
Strategy Driven
JULY 25, 2022
The most common and perhaps best way is by getting Advantage Insurance. This includes any insured provisions, exculpation, and indemnity clauses. Builder’s Risk Insurance. This insurance is very important. Don’t Buy Insurance Coverage Unless Necessary.
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