10%

Try : Insurtech, Application Development

Edtech(5)

Events(34)

Interviews(10)

Life@mantra(11)

Logistics(1)

Strategy(14)

Testing(8)

Android(46)

Backend(29)

Dev Ops(3)

Enterprise Solution(22)

Frontend(28)

iOS(41)

Javascript(13)

Augmented Reality(17)

Customer Journey(12)

Design(13)

User Experience(34)

AI in Insurance(31)

Insurtech(59)

Product Innovation(37)

Solutions(15)

E-health(3)

HealthTech(8)

mHealth(3)

Telehealth Care(1)

Telemedicine(1)

Artificial Intelligence(109)

Bitcoin(7)

Blockchain(18)

Cognitive Computing(7)

Computer Vision(8)

Data Science(14)

FinTech(44)

Intelligent Automation(26)

Machine Learning(46)

Natural Language Processing(13)

Google’s Android N Preview- Developers Perspective

Google released its new operating system Android N preview on 09-03-2016. Google’s unexpected announcement of Android N Developer came that time when several mobile phone manufacturers are struggling to make the Android 6.0 Marshmallow update available to their premium devices.

The launch of Android N developer’s preview saw a good audience and it’s also going to be much, much easier for anybody to try it out. The plan of releasing it in May came little early, as Google wanted to release the preview earlier in order to get more feedback from developers in the process and get the final N release into the hands of device manufacturers this summer. Google’s current plan calls for five preview releases and a final release in Q3 2016.

Google has been working hard on matching Windows and iOS by building a native side-by-side app mode in Android. For Android N, the feature is apparently ready for prime time.

Before you plan of investing in Google’s new OS Android N, here are a few APIs and features we want to highlight which are available as a part of the “Android N Developer Preview”:

Multi-window
A new manifest attribute called android:resizableActivity is available for apps targeting N and beyond. If this attribute is set to true, your activity can be launched in split-screen modes on phones and tablets. You can also specify your activity’s minimum allowable dimensions, preventing users from making the activity window smaller than that size. Lifecycle changes for multi-window are similar to switching from landscape to portrait mode: your activity can handle the configuration change itself, or it can allow the system to stop the activity and recreate it with the new dimensions. In addition, activities can also go into picture-in-picture mode on devices like TVs, and is a great feature for apps that play video; be sure to set android:supportsPictureInPicture to true to take advantage of this.

Screenshot_20160311-121807Screenshot_20160311-121851

 

 

Direct reply notifications
The RemoteInput notification API, which was originally added for Android Wear, now works in N for phones and tablets. Using the RemoteInput API enables users to reply to incoming message notifications quickly and conveniently, without leaving the notification shade.

android-n-how-download

 

 

Bundled notifications
With N, you can use the Notification.Builder.setGroup() method to group notifications from the same app together – for example individual messages from a messaging app. Grouped notifications can be expanded into individual notifications by using a two-finger gesture or tapping the new expansion button.

Screenshot_20160311-121610 Screenshot_20160311-121558

 

 

Efficiency
You can launch Doze in Marshmallow to save battery when your device is stationary. In N, Doze additionally saves battery whenever the screen turns off. If you’ve already adapted your app for Doze, e.g. by using the GCM high priority message for urgent notifications, then you’re set; if not, here is how to get started. Also, we’re continuing to invest in Project Svelte, an effort to reduce the memory needs of Android so that it can run on a much broader range of devices, in N by making background work more efficient. If you use JobScheduler for background work, you’re already on the right track. If not, N is a good time to make that switch. And to help you out, we’re making JobScheduler even more capable, so now you can use JobScheduler to react to things like changes to content providers.

android_n_notification_

 

 

Improved Java 8 language support
We’re excited to bring Java 8 language features to Android. With Android’s Jack compiler, you can now use many popular Java 8 language features, including lambdas and more, on Android versions as far back as Gingerbread. The new features help reduce boilerplate code. For example, lambdas can replace anonymous inner classes when providing event listeners. Some Java 8 language features –like default and static methods, streams, and functional interfaces — are also now available on N and above. With Jack, we’re looking forward to tracking the Java language more closely while maintaining backward compatibility.

untitled-infographic

 

 

Start-Up Time
If you’ve ever updated software on your Android smartphone or tablet, you’ve almost certainly seen that infuriating ‘Optimizing Apps’ popup up card immediately after installing and booting up your device. Depending on how many apps you have, it can take anytime between a couple of minutes and a bazillion years (slight exaggeration) to get past this stage. One of the less obvious new features is that Android’s ‘Optimizing Apps’ screen during startup barely takes any time at all to work through its process with N (Nutella?). Thankfully, with Android N, we won’t have to wait for very long at all.

android-n-app-switcher

 

 

Night Mode
Google has bought Night Mode option back, which user can turn to anytime. The night mode produces less strain to user and is addition option in Android N.

Screenshot_20160311-124248 Screenshot_20160311-124254

 

 

Get Started
The N Developer Preview includes an updated SDK with system images for testing on the official Android emulator and on Nexus 6, Nexus 5X, Nexus 6P, Nexus Player, Nexus 9, and Pixel C devices.

This initial preview release is for developers only and not intended for daily use or consumer use. Google plans to update the N Developer Preview system images often during the Developer Preview program. As they are getting closer to a final product, Google will be inviting consumers to try it out as well.

There is more to come as Google continue developing the release. Google is also making it easier for you to try out N on your development devices with the new Android Beta Program. Started yesterday, you can update your Android devices to the developer preview of N and receive ongoing updates via OTA by visiting g.co/androidbeta.

We at Mantra Labs keep continuous watch on latest Technology updates by Google, Apple, Microsoft and others to drive next generation of mobile apps.

 

Cancel

Knowledge thats worth delivered in your inbox

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

Description automatically generated

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.

Chart, sunburst chart

Description automatically generated

        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.

Cancel

Knowledge thats worth delivered in your inbox

Loading More Posts ...