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What is the latest news in InsurTech?

Here is the list of top 3 latest news in InsurTech sector Greenlight Re invests in South African InsurTech Click2Sure Source of this news piece: https://www.intelligentinsurer.com/news/greenlight-re-invests-in-south-africa-based-insurtech-click2sure-16706 The South-Africa based Click2Sure has developed a platform for managing, distributing and purchasing insurance at the point of sale. The startup was founded in 2017 by Daniel Guasco (previously led […]

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 […]

Insurance as a service

The past years have witnessed the strong traction of banking as a service which has paved the way for the Insurance industry to follow suit.  Before proceeding on with the details of insurance as a service, it is essential to understand what does the term “XYZ as a service” actually means. The idea behind “XYZ […]

Insurance Chatbot & the Automated Insurance Agent

What is it that comes to your mind when you think of a “Chatbot”? For me, it always reminds me of Siri, Alexa who can chat with us just like real humans. So, a chatbot is an automated system that is designed to interact with humans to the extent that they do not even realize […]

6 Challenges of Blockchain

The blockchain is touted as the most significant technological innovations that have already captivated a good chunk of major industries. There has been an exponential growth in the adoption of blockchain technology in the past few years.  Yes, blockchain is a groundbreaking technology as most of the marketers state it to be, but still, it […]

How RPA will revolutionize the IT processes

Robotic Process Automation(RPA) is a software that is designed to mimic the human back-office activities, especially for the repetitive and dreary tasks. RPA can perform these tasks at a higher pace effortlessly and effectively saving a lot of time, that can be used to perform other activities that need human strength like emotional intelligence, reasoning […]

Technologies to transform the vehicle insurance industry

The importance of Insurance cannot be understated, and it is essential for everyone. So, it should be available for the users easily.  The insurance companies are adopting digital transformation to alleviate the difficulties that insurants often face in the processing of their claims. Vehicle insurance industry is one of the most expensive insurance sectors, and […]

Technologies that will disrupt in the next 5 years

Technology is always evolving and shaping up the future of business strategies. Organizations continually try to adopt new technologies to overhaul their business infrastructure and keep up with the pace of changing market dynamics. Leveraging the benefits of AI for process automation has been implemented by several businesses. But, it is still not enough, and […]

India’s technology revolution since 1947

We are wishing you a very Happy Independence Day. We are celebrating our 72nd independence day this August 15th and it occurred to us that we have come a long way from being a under developed country ruled by the British to one of the most promising economies of the developing world. We have a […]