Leveraging Blockchain for Insurance: Emerging Use Cases and Benefits

October 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.

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Insurtech trends: 2021 and beyond

October 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.

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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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Unlocking new avenues in the InsurTech world

June 1, 2020

The demand for InsurTech services has skyrocketed with the surge in COVID-19 cases. Artificial Intelligence, Predictive Analytics, IoT, Chatbots, Telemetry are some of the new avenues InsurTech players need to focus on going forward, to ensure they stay on top of their game in an ever-evolving playing field.

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