• Categories

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 […]

How chatbots are changing the Insurance sector – Five examples

Insurance chatbots are the new buzzword ruling the insurance companies currently. The primary objective of a chatbot is to provide a faster and an efficient system for communication with the customers and streamline the tedious insurance tasks. The insurance sector is playing hard to automate their on-boarding, sales and training processes and make it available […]

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 […]

Robotic Process Automation(RPA) to Intelligent Automation evolution

Businesses have been running on profits and profits usually are the function of the costs. After industrialization, the costs were reduced by creating efficient processes to run things smoothly over a predictable timeline. This was all good till the time computers came and along came the internet connectivity. The processes moved from humble registers to […]

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 […]

May i help you?