How COVID-19 is redefining the financial services industry

October 19, 2020

COVID-19 has undoubtedly had an adverse impact on the financial world. Firms are scrambling to survive this downturn by looking for new ways to generate revenue and cut costs. This has effectively reduced spending within the economy and thus, banks and other financial institutions are faced with a tough market to sell their products off.  […]

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Artificial Intelligence, the true savior of healthcare insurance

October 8, 2020

Digital disruption has invariably affected the health insurance industry. Various players in the industry are now leveraging the latest digital technologies such as Artificial intelligence (AI), Big Data Analytics, and the Internet of Things to improve their offerings overall. As predicted by Accenture, the majority of insurance executives believe that artificial intelligence (AI) will significantly transform the industry, and McKinsey estimates that the potential total annual value of the AI and Analytics industry will be $1.1 trillion if it is applied to its full potential in the Insurance domain.

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