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FlowMagic — The Visual AI Platform for Insurer Workflows

For any operational effort across large organizations, a significant amount of time and resources are spent manually inputting data into downstream systems. These processes more specifically affect insurance practices that are deeply reliant on back-office processes. The bulk of the insurance workforce is condensed into operations and support functions (e.g. policy issuance and servicing). Here, […]

Africa: The Hidden Workforce Behind AI

The machines are learning. Slowly, sure, but they are learning and we (humans) are the ones teaching them. We tell the machines how they should learn through the algorithms we write, and then feed them an enormous amount of data, so that it trains endlessly. Data labeling (the process of augmenting unlabelled data with meaningful […]

Is AI Disruption on the way for Kenya’s Insurance Space?

The earliest known reason for introducing insurance protection in Kenya, came during the time of the Colonial British — when they insured their farms and crops against loss, damage etc. Today, Kenya has 70% of the East African Insurance market (among Burundi, Uganda, Tanzania & Rwanda). Still, African Insurance is relatively nascent in terms of […]

Insurtechs are Thriving with Machine Learning. Here’s how.

Modern Insurance is only around 250 years old, about when the necessary statistical and mathematical tools to underwrite a business venture came to be. But statistical models, even the most advanced ones, need a very specific type of enriched data-diet for it to work optimally. Since then, the industry has always had to rely on […]

Is AI replacing Architects?

Architecture is perhaps the most complex discipline operating in more dimensions than any other coordinated human activity. However with the advancement of artificial intelligence, like every other profession, architects to are worried about the level of automation that has already taken away specific tasks from their roles. While the ‘Humans are hooked and Machines are […]

Why Insurance should take back control of the ‘funnel’ with a Lead Management Solution

While every organization manages their ‘sales funnel’ differently, they must all address the arduous task of handling leads competently. In the Insurance business, generating quality leads is proving to be a tough assignment for older agents, as their collective numbers dwindle down —  as more business is being transacted online, creating a complex web of […]

Google I/O 2019 Key Takeaways

Innovation in the Open: Google I/O, an annual developer conference organized by the executive team has a similar format to that of  Google Developer Day. I/O 2019, the annual smorgasbord of all things Android, unveiled the long-awaited highlights of Android Q Beta 3, a Wear OS ‘Tiles’ and Pixel 3a impressions. Launch of Pixel 3a […]

Facebook F8 Takeaways – The Future is Private

F8, what was an 8- hour hackathon is now Facebook’s annual 2-day conference for developers, creators and entrepreneurs all around the world. Conducted in McEnergy Convention Center in San Jose, CEO Mark Zuckerberg stressed his vision of building a privacy-focused social platform “as a product”  as he debuted the newest version of the company’s core […]

Insurtech: Expectation Vs Reality

The idea behind the implementation of technology in the Insurance sector is to make the Insurance processes much more efficient, comfortable and provide the customers with a simplified interface. In recent years when talks about Insurtech was ripe then it was all about blockchain, IoT, wearables, innovations labs and AI. But, as the things started […]

Cognitive Automation and it’s importance

Cognitive automation describes the process where intelligent systems are brought into execution to ease the information-extensive processes. It is mostly associated with RPA (robotic process automation), but it shouldn’t be confused with machine learning. The crux of cognitive automation is first to mimic the human experience and then to extend its capabilities for possible future […]

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