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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 […]

6 DevOps trends for the future

DevOps has gained prominence in the past few years for its ability to develop, test, and deploy the software at a high velocity. The prime focus is to maximize the customer satisfaction, improve the product quality and its performance and speed up the development process. With all these powerful factors more and more enterprises are […]

Industries that are benefiting from RPA

Initially, process engineering sought to adhere to lean design principles. Processes would be documented, reviewed and improved by removing wasteful steps and adding scripts where possible to eliminate human intervention and potential errors. Upon process improvement Robotic Process Automation(RPA) started largely as a tool to mimic those repetitive, rules-based front-end workflows.  After the success in […]

Blockchain Use-Cases in Insurance Industry

Blockchain gives the insurance company an independently verifiable data set so they don’t have to rely on the customer’s version of the truth. Because of this, binary (yes/no) algorithms will be developed that can make instantaneous decisions on a large percentage of claims that get filed. An example of this would be flight insurance. Blockchain […]

Insurance Agent – Would INSURTECH Complement or replace them?

I remember my young days when one of my close relatives started working as an Insurance Agent, and it was considered to be a precious job. A few days back when I met him, I asked him – Has the latest technology affected your work? I was expecting a negative answer, but instead, he showed me the […]

INSURTECH – Inspiring People and Offering Opportunities

While InsurTech offers benefits via process efficiencies, cost reductions, or radical changes to the customer, it was under the late adoption category when compared to other financial industry sectors, as per a report from Deloitte. Figuring the current state of InsurTech, it is found by Accenture that InsurTech deals in the USA are still the […]

A Day with Artificial Intelligence

Although buzzwords like Artificial Intelligence, Machine Learning, Deep Learning are loud enough. Many of us still believe AI synonym to Robots. As stated by ZDNet – In one of the surveys conducted by Hubspot of more than 1,400 people from Ireland, Germany, Mexico, Colombia, UK, and the US, they found that many respondents did not […]

Mantra Labs – Insurance simplified with technology!

MantraLabs, an InsurTech company that is leveraging latest technologies like Artificial Intelligence, automated chatbots and Augmented Reality is on a mission to serve the digitally savvy customer base, induce automation and reduces false claims. While MantraLabs has been helping one of India’s esteemed insurance firm Religare, they are also proud technology partners to enterprises like Shell, […]

Security in InsurTech – Predictions for 2018

The new year is right around the corner and we want to take a look at what will be the future of InsurTech in the coming year. This year 2017 was great for InsureTech with a lot of focus on AI, ML and related technologies trying to make the insurance industry ready for the future. […]

How drones are helping the Insurance Sector

The Internet of Things is an area of InsurTech that is driving innovation, primarily with telemetry and wearables for auto, health and home insurance. Carriers are eager to capitalize for lower premiums and more personalized policies for customers. The number of internet-connected devices and sensors is projected to reach 50 billion by 2020, which will […]