Perficient

JULY 6, 2023

A blockchain-based data model for health insurance could potentially help to improve the efficiency and security of the health insurance industry. In such a model, each participant in the network, such as a patient, healthcare provider, or insurance company, would have their own unique identity on the blockchain.

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Coforge

SEPTEMBER 18, 2023

Master the challenges of claims processing in P&C Insurance with tech-integration. Explore modern solutions for unprecedented insurance efficiency!

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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. So far, this applies only to France, but observers wonder if the strategy will spread.

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Capgemini

OCTOBER 10, 2023

Closing the Generational Life Insurance Gap with Education Samantha Chow 26 July 2023 Facebook Twitter Linkedin The percentage of Americans covered by life insurance has been steadily decreasing since the 1970s. Traditionally, newborn life insurance policies protected against the financial burden of death.

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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. Apple makes significant profits selling insurance on their phones. i-Insurance anyone?

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Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

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Coforge

OCTOBER 3, 2023

The commercial insurance market size is projected to reach a substantial value of $279 billion by 2031, exhibiting an impressive growth at 10.6% This momentum provides a unique opportunity for commercial carriers to redefine their trajectory and emerge as leaders in the marketplace.

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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. Insurants are not satisfied with their service providers.

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Strategy Driven

DECEMBER 6, 2023

As an insurance agent, if you have a niche client that specializes in a unique field, you may have found that it’s hard to find insurance that keeps them properly protected. Rather than telling them you are unable to help, here are some tips on insuring their niche, high-risk business. Set a budget and go from there.

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Kaseya

AUGUST 22, 2022

Educating your audience about the importance of cyber insurance is the most practical way you can help. How does speaking about cyber insurance help you sell your MSP services? You might be wondering how recommending cyber insurance to your clients will help you sell your MSP services. Let’s Begin. Already a member? Get it now.

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SecureWorks

JUNE 21, 2023

Type: Blogs 3 Cyber Insurance Concepts Every CISO Should Understand Learn more about what cyber insurance covers, factors influencing premiums, and how CISOs can optimize their premium-to-coverage ratio.

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Perficient

JULY 19, 2023

One such industry that will be forced to utilize AI solutions to gain a competitive advantage is the regional insurance carrier industry. By harnessing the power of AI, regional insurance carriers can streamline their operations, enhance customer experience, and make more informed decisions.

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N2Growth Blog

APRIL 17, 2023

Today, I will highlight some similarities in the insurance and finance industry and contrast them to Formula 1. Similarly, the insurance and finance industries are built on the promise of stability and security, playing a vital role in people’s lives and businesses.

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Perficient

NOVEMBER 1, 2023

Perficient was honored to participate in the inaugural Banking, Financial Services, and Insurance (BFSI) event hosted by Kofax. With more than 50 financial services and insurance professionals in attendance, this event showcased the industry’s unwavering commitment to practical innovation.

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Strategy Driven

APRIL 25, 2023

Becoming an insurance agent is a long, tedious process that is worth it in the long run. When you finally land a job and establish a career in insurance, it is ultimately rewarding. Insurance First, decide what kind of insurance you want to sell. Decide whether you want to sell commercial or personal insurance policies.

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Coforge

OCTOBER 20, 2023

Ideally suited for Insurance carriers to further improve profitability, productivity, and service. Microsoft Copilot is an innovative technology that uses artificial intelligence (AI) and machine learning to streamline operations, enhance decision-making abilities, and improve customer experiences.

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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. That’s going to be a lot harder from now on because insurance companies have started tightening up their cybersecurity requirements for initiating and renewing policies.

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Cloudera

JANUARY 27, 2022

Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. I have been researching more about how we can use the new data from those devices to design more innovative insurance products while being aware that these should all be contingent upon customer opt-in.

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Tenable

JULY 26, 2023

Cyber insurance has become a necessity, and the cost and effort to obtain it can be considerable. Check out the invaluable advice from a panel of experts from the insurance, legal and cybersecurity fields. Cyber insurance has increased in popularity, going from a “nice to have” to a “must have” for many organizations.

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Kaseya

DECEMBER 16, 2021

insurance giant, CNA Financial Corporation, was attacked by the ransomware group Phoenix and ended up paying a ransom of $40 million. Is cyber liability insurance beneficial for MSPs? Therefore, cyber liability insurance is needed to mitigate these threats irrespective of the size of your company. You need to go advanced.

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Confluent

SEPTEMBER 6, 2023

Using microservices, Confluent connectors, and stream processing on applicant data, historical data, actuarial tables, and predictive modeling to instantly generate insurance quotes.

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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.

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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. Given this fast-changing business environment, insurers need […].

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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. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

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Strategy Driven

OCTOBER 6, 2023

Insurance is crucial for everything from our pets to our vacations, and no business owner should be without proper business insurance. Everyone is looking for costs that they can cut right now, and it’s smart to keep those scissors away from your insurance policies if you can help it. How Big Is Your Business?

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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.

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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. In […].

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Cloudera

SEPTEMBER 7, 2023

The Danger of Black-Box AI Solutions We believe the best, most pragmatic solution for AI in financial services and insurance is what we call–“Trusted AI.” But before more is said about what this is, let’s walk through some of the issues that a financial institution needs to take into account when it considers a commercial AI service.

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Cloudera

FEBRUARY 18, 2021

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

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Newgen Software

JUNE 6, 2023

Scenario 1: On a relaxed weekend evening, two best friends, John (customer of insurance provider A) and Martha (customer of insurance provider B), met for coffee. John lamented that he received a […] The post Redefine Customer Communication in Insurance to Build Long-lasting Relationships appeared first on Newgen.

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Strategy Driven

APRIL 28, 2023

Workers Comp insurance has become increasingly popular over the years. This type of insurance provides benefits to employees who are injured while performing job-related duties. Not only does this insurance protect employees’ interests, but it also protects businesses from potential lawsuits.

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Strategy Driven

JUNE 1, 2023

Business insurance certainly falls into that latter category. While it may feel like an unimaginative, irksome part of running a business, make no mistake: business insurance is essential. Failure to have the right insurance in place could cause major issues for your company down the line. This isn’t an easy decision.

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Trigent

MARCH 29, 2023

The insurance sector has been one of the early adopters of advanced technologies such as artificial intelligence (AI), robotic process automation (RPA), and machine learning (ML) which played a pivotal role in managing complex tasks during the pandemic. The answer lies in hyperautomation!

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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.

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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.

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Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Another historic example is crop and livestock insurance in Germany in the 1700s.

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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. But, as […].

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