Insurtech

AI and Insurance

Revolutionizing the Insurance Industry with AI

The insurance industry stands at the cusp of a remarkable transformation driven by the rapid advancements in artificial intelligence (AI). With AI seeping into every aspect of business operations, insurance companies are leveraging this technology to enhance underwriting and risk assessment, streamline claims processing, and offer personalized insurance products and services.

Blockchain for Insurance: Emerging Use Cases and Benefits

Blockchain is considered to be a breakthrough technology as it has the capability to bring huge benefits to businesses across various sectors. In the insurance space, blockchain offers an acceptable standard format for securing contracts, transactions or any other details that can be maintained in the public domain.

InsurTech Trends – Blockchain, AI, ML & IoT

Even as the COVID-19 pandemic releases its vice-like grip on the world, insurance has become and continues to be a matter a public discussion. In this new era of actuarial science, it is important to see why IT can be a key in elevating your P&C firm to the next level.