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5 Reasons Why Xamarin 3 Is Better Cross-Platform Mobile Development Framework

Xamarin has released Xamarin 3 cross-platform, the newest version of its cross-platform mobile development framework.

Five core reasons to use Xamarin 3 for cross-platform development of mobile applications: xamarin-01

  1. Xamarin Designer for iOS:
    The Xamarin Designer for iOS is a powerful visual designer for iOS, allowing you to quickly lay out sophisticated UIs, intuitively add event handlers, take advantage of auto-layout, and see live previews of custom controls.
    No more gray boxes—you’ll see exactly what your app will look like, right on the design surface. Integrated into both Xamarin Studio and Visual Studio, we think we’ve created the world’s best UI designer for iOS.
  1. Meet Xamarin.Forms:
    Xamarin.Forms is a new library that enables you to build native UIs for iOS, Android and Windows Phone from a single, shared C# codebase.
    It provides more than 40 cross-platform controls and layouts which are mapped to native controls at runtime, which means that your user interfaces are fully native. Delivered as a portable class library, Xamarin.Forms makes it easy to mix and match your shared UI code with the platform-specific user interface APIs Xamarin has always given you.
  1. Major IDE enhancements
  • Massive visual updateXamarin Studio now includes a new welcome screen, hundreds of new icons, improved support for Retina displays, and some nice touches throughout the IDE.
  • Streamlined Visual Studio support – We’ve enhanced and combined our iOS and Android extensions into a single Visual Studio extension, streamlining installation and updates for all users, and improving the build and debugging experience.
  • NuGet – Xamarin 3 includes full support for using NuGet packages in your mobile apps – in Visual Studio or Xamarin Studio – enabling you to take advantage of the many NuGet packages which are are now shipping with Xamarin compatibility.
  • .NET BCL Documentation – Full documentation for the .NET Base Class Libraries (BCL) is now integrated into Xamarin Studio courtesy of our friends at Microsoft.
  • F# Support – Xamarin Studio now ships with built-in support for building iOS and Android apps using the increasingly-popular F# functional programming language.
  1. Improved code sharing:
    Xamarin 3 introduces two great new code sharing techniques for cross-platform apps:
  • Shared Projects
    Shared Projects provide a simple, clean approach to code sharing for cross-platform application developers. Xamarin developers can now use Shared Projects to share code across iOS, Android, and Windows in either Xamarin Studio or Visual Studio.
  • Portable Class Libraries
    Portable Class Libraries are libraries that are consumable across a diverse range of .NET platforms. Xamarin 3 can both produce and consume PCLs from both Xamarin Studio and Visual Studio. Xamarin-Studio-Nuget-1024x700
  1. API integration:
    Xamarin binds the same APIs and UI controls that are used to build iOS, Android and Mac apps in their respective platform specific languages. For Windows development, Xamarin with Microsoft Visual Studio offers Windows Phone and Windows 8 applications. Code can be shared between iOS, Android and Windows using Portable Class Libraries (PCL) and appropriate application architecture.

Quick facts about Xamarin:

  1. Mobile development platforms that span iOS, Android, and Windows without compromising the quality and performance as a rule expected from native apps development.
  2. Xamarin is one of the most cost- and time-efficient tools used for building apps for different operating systems.
  3. Instead of designing an app for each system separately, app developers can share about 75 % of developed code across all major mobile platforms which decreases cost and time-to-market.
  4. Xamarin delivers high performance and excellent UX based on native API.
  5. Ensure seamless integration Xamarin provides quality assurance and functionality testing on a wide range of devices.

Xamarin is gaining more attention everyday and with good reason. In a world where a variety of mobile platforms coexist, we need a toolset that allows us to support multiple platforms with minimal duplication of work. This is what we get with Xamarin.

In case, you any queries on Xamarin 3, feel free to approach us on hello@mantralabsglobal.com, our developers are here to clear confusions and it might be a good choice based on your business and technical needs.

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Retention playbook for Insurance firms in the backdrop of financial crises

4 minutes read

Belonging to one of the oldest industries in the world, Insurance companies have weathered multiple calamities over the years and have proven themselves to be resilient entities that can truly stand the test of time. Today, however, the industry faces some of its toughest trials yet. Technology has fundamentally changed what it means to be an insurer and the cumulative effects of the pandemic coupled with a weak global economic output have impacted the industry in ways both good and bad.

Chart, line chart

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Source: Deloitte Services LP Economic Analysis

For instance, the U.S market recorded a sharp dip in GDP in the wake of the pandemic and it was expected that the economy would bounce back bringing with it a resurgent demand for all products (including insurance) across the board. It must be noted that the outlook toward insurance products changed as a result of the pandemic. Life insurance products were no longer an afterthought, although profitability in this segment declined over the years. Property-and-Casualty (P&C) insurance, especially motor insurance, continued to be a strong driver, while health insurance proved to be the fastest-growing segment with robust demand from different geographies

Simultaneously, the insurance industry finds itself on the cusp of an industry-wide shift as technology is starting to play a greater role in core operations. In particular, technologies such as AI, AR, and VR are being deployed extensively to retain customers amidst this technological and economic upheaval.

Double down on digital

For insurance firms, IT budgets were almost exclusively dedicated to maintaining legacy systems, but with the rise of InsurTech, it is imperative that firms start dedicating more of their budgets towards developing advanced capabilities such as predictive analytics, AI-driven offerings, etc. Insurance has long been an industry that makes extensive use of complex statistical and mathematical models to guide pricing and product development strategies. By incorporating the latest technological advances with the rich data they have accumulated over the years, insurance firms are poised to emerge stronger and more competitive than ever.

Using AI to curate a bespoke customer experience

Insurance has always been a low-margin affair and success in the business is primarily a function of selling the right products to the right people and reducing churn as much as possible. This is particularly important as customer retention is normally conceived as an afterthought in most industries, as evidenced in the following chart.

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        Source: econconusltancy.com

AI-powered tools (even with narrow capabilities) can do wonders for the insurance industry at large. When architected in the right manner, they can be used to automate a bulk of the standardized and automated processes that insurance companies have. AI can be used to automate and accelerate claims, assess homeowner policies via drones, and facilitate richer customer experiences through sophisticated chatbots. Such advances have a domino effect of increasing CSAT scores, boosting retention rates, reducing CACs, and ultimately improving profitability by as much as 95%.

Crafting immersive products through AR/VR

Customer retention is largely a function of how good a product is, and how effective it is in solving the customers’ pain points. In the face of increasing commodification, insurance companies that go the extra mile to make the buying process more immersive and engaging can gain a definite edge over competitors.

Globally, companies are flocking to implement AR/VR into their customer engagement strategies as it allows them to better several aspects of the customer journey in one fell swoop. Relationship building, product visualization, and highly personalized products are some of the benefits that AR/VR confers to its wielders.  

By honoring the customer sentiments of today and applying a slick AR/VR-powered veneer over its existing product layer, insurance companies can cater to a younger audience (Gen Z) by educating them about insurance products and tailoring digital delivery experiences. This could pay off in the long run by building a large customer base that could be retained and served for a much longer period.

The way forward

The Insurance industry is undergoing a shift of tectonic proportions as an older generation makes way for a new and younger one that has little to no perceptions about the industry. By investing in next-generation technologies such as AR/VR, firms can build new products to capture this new market and catapult themselves to leadership positions simply by way of keeping up with the times.

We have already seen how AR is a potential game-changer for the insurance industry. It is only a matter of time before it becomes commonplace.

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