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InsurTech: 5 benefits of technologies in Insurance Sector

InsurTech is a buzzword nowadays where a variety of technologies are set to transform the traditional insurance industry. Many Insurers have already transformed themselves digitally to offer convenience, security, choice, and comparison to their customers. Internet of Things (IoT), telematics, drones, the blockchain, smart contracts, and artificial intelligence (AI) are providing new ways to measure, […]

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 […]

InsurTech: Present and Future of Insurance Technology

Insurers need to spin the technology that offers their customers with more efficient, optimized and relevant policies. The ones that could be customized could be fed with data from a wearable/mobile device or the ones that are applicable for just an hour. With such customer focus initiatives, they yet need to achieve core business objectives […]

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