• Categories

TOP 10 INNOVATIVE INSURANCE PRODUCTS OF 2019

  We are witnessing the slow but sure, uberization of insurance. Insurers now more than ever, need big data-driven insights to assess risk, reduce claims, and create value for their customers. The industry is abuzz with a steady influx of new innovative products, deriving value in areas that were previously untapped. Processes like faster KYC […]

Adoption of Chatbots across Insurance

The global chatbot market is expected to reach USD$ 1.25B by 2025, and generate roughly $8B savings globally by 2022 itself. With chatbots disrupting a wide variety of industries already, the technology is becoming more popular in a variety of business use cases – especially within the insurance sector.   Chatbots are becoming more advanced […]

A Sandbox Approach in Insurance

The insurance industry has reached an evolutionary crossroad. The fast-evolving world of InsurTech mandates that insurers become digitally agile. With Fintech solutions becoming more common, a responsive approach would enhance the ability of promising insurance innovations to develop and flourish. There are various technologies stepping into the value chain to enhance and disrupt the way […]

Cognitive Approach VS Digital Approach to Insurance

Digital transformation has gone from talk to action, with a momentum that shows no signs of slowing down. As cognitive capabilities have penetrated process, people, technology, things, augmented intelligence and decision making; the cognitive approach to insurance business is no longer considered a back-office ‘efficiency play’.  A cognitive computing system replicates human intelligence and comes […]

Key Takeaways of Indian Insurance Summit & Awards 2019

India, despite being the 2nd most populous country on the planet, accounts for only 1.5% of the World insurance premiums, and 2% of World life insurance premiums. But, with the increasing numbers to serve, the insurance market in India promises huge growth and exciting potential – were only about 20% of Indians were insured last year. […]

4 Artificial Intelligence(AI) trends for shaping Insurance Sector in 2019

Artificial Intelligence is the newfound favourite hot topic of technology veterans. And, why shouldn’t it be as it comes with some revolutionary benefits that were not possible otherwise.  AI has already found its way into vehicles, homes, and businesses and the next on the list is the Insurance industry. Here are the four AI trends that […]

InsurTech : Trends and Innovations in 2019

When I look back at how rapidly InsurTech is evolving over the years, it makes me wonder what will happen in the next few years. Although we cannot be sure of the technological advancements we can predict some of them for the next year. Could 2019 be the year of some more interesting digital transformation […]

What are the latest Innovations in InsurTech

The technological transformation has slowly and steadily paved its way into the Insurance sector and has started to disrupt it gradually. I have mentioned continuously some of the most astonishing technological innovations that involve AI and machine learning and other latest innovations. But, when we talk about InsurTech, then it is one of those sectors […]

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 […]

May i help you?