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Growth of InsurTech in Southeast Asia

As the economies become digitally empowered, business models are also being updated constantly to keep up with the dynamic customer expectations. Long gone are the days when the customer would worry about pleasing the insurance agents to keep in sync with their policies. Today, InsurTech is all about digitally empowered insurance businesses and strategies and […]

How Insurance industry is leveraging the Artificial Intelligence

For more than 100 years Insurance industry has been functioning in very similar fashion but the recent developments in technology and its adoption by the people has made the insurance industry rethink about how it goes about its business. A study by Mercer identified Technology and Big data as one of the top 6 challenges […]

Insurance sector is getting renovated with these technologies

After the entry of technologies in finance sector – FinTech. Insurance sector is ready to make a buzz about it. The term – InsurTech, a combination of words insurance and technology, as a segment is sure to gain the attention of innovators in the coming years. Artificial Intelligence, Machine Learning and Blockchain technologies will be […]

Business Applications of Blockchain

What is Blockchain: A distributed ledger – It tracks ownerships through historical assets and identities – and everyone has a copy. Unique Tokens – long numbers are tracked through the ledger Anonymized Processing / Mining – transactions are processed through miners. Immutable, encrypted, pseudo anon – and they are immutable once they’ve happened, and are […]