Driving Superior Customer Experience With ChatbotsApril 14, 2023
It is interesting to see how the insurance sector is undergoing a phase of digital transformation, which requires the industry to innovate and adapt to changing customer expectations.Read more
Machine Learning Techniques for Detecting Insurance Claims FraudJanuary 13, 2023
Insurance claims fraud is a serious issue that can lead to higher premiums for honest policyholders and financial losses for insurance companies. To combat this problem, insurance companies have turned to machine learning techniques to detect fraudulent claims. In this blog, we will compare several different machine learning techniques and evaluate their effectiveness in detecting […]Read more
The Impact of Artificial Intelligence on the Future of InsuranceDecember 29, 2022
AI is being used more and more by insurance companies to enhance underwriting and risk assessment, automate claims processing, and customize insurance products and services.Read more
Leveraging Blockchain for Insurance: Emerging Use Cases and BenefitsOctober 11, 2022
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.Read more
How Telematics Simplify Automobile Insurance for the IndustryJuly 19, 2022
Technology has introduced new advances to promote personalization and improve consumer experience.
Insurance sector slowly starting to embrace the idea of usage-based auto insurance with the aid of Telematics.
Insurtech trends: 2021 and beyondOctober 26, 2021
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.Read more