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25 emerging Technology-lead businesses well placed to impact insurance industry in 2019
Choosing the optimal technology partners to transform digital claims can be the deciding factor in successful transformation.
the 2019...
McKinsey’s Three Horizons Model Defined Innovation for Years. Here’s Why It No Longer Applies.
The Three Horizons provided an incredibly useful taxonomy. The model described innovation occurring on three time horizons:
- Horizon 1...
Insurer reveals the most frequent days for car crashes due to daydreaming
First- US drivers take note and extra care on those days.
Second- why do insurers not have this information anyway? Why do they not...
Which 2019 Consumer Trends Will Impact Your Customer Experience Strategy?
The challenge; technology alone will not deliver the customer UX, UI and delight that customers must have if insurers are to remain leaders.
Performance of the Markerstudy companies bought by Qatar Re last year also revealed in QIC results
Interesting results from Qatar Re including the fruits of the Markerstudy acquisition
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The price paid by Qatar Re for Markerstudy’s Gibraltar-based underwriting businesses last year was around £104m. However, on...…
£1.2m insurance fraud , Prevention and Solutions
The devil is always in the detail. Fraudsters are expert in hiding their crimes in the free text of claims notification forms.
Once you...
What insurers can learn from innovation through history
Are you building a "Digital Maginot Line" to defend against innovative carriers, disruptive insurtechs or encroaching digital giants?...
The Power of Technology Integration: 6 Ways to Use Technology to Improve Claim Outcomes
Can you stitch together the various applications, data sources and processes across the complete value chain? If not you are not just...
A Review Of Claims Innovation In 2019 – Who Is Succeeding And Why?
In London evening of March 5th and a commitment to world class digital claims? Don't miss the upcoming Instech London event for the...
AI in the Context of Digital Transformation and the 2020 Olympics
Imagine you are preparing for the 2020 Summer Olympics. It will be a major challenge to get through to the finals of the Digital Claims...
Logi Analytics and Jinfonet Join Forces to Deliver the Industry’s Most Advanced Embedded Analytics
We are undoubtedly moving towards a symbiosis of man and machine, but a symbiosis where the human aspect is equally central to success....
Legacy systems, limited budgets top barriers to digital transformation
How can the business leap these hurdles to achieve the digital visionary status vital to be a transformation leader?
Choose a digital...
More organizations drawn to products that cover the 'data lifecycle'
Data- so much less exciting than AI, Blockchain and other hyped themes. Yet the key to digital AND enterprise transformation.
Nothing...
What's in a name?
I wonder what people would have thought of when they first came across the name "Google"? Today it has world-wide name recognition with...
When the Windshield Helps Drive the Car, a Repair Isn’t So Simple
Smarter cars and cost escalation impacting the cost of claims.
Another reason to have a digital claims platform delighting customers...
Three M&A Alternatives For Accelerating Your Digital Transformation
"Apprehensive over inferior mobile and online platforms, inefficient processes and frightful visions of becoming irrelevant, both tech...
What characteristics will successful insurers share in the future?
Standing out in a competitive, dynamic market
Six differentiating characteristics will help to set insurance firms apart and enable them...
What’s really driving Amazon’s healthcare partnership
"The end game, or meta strategy, is to make a profit from Amazon’s employee benefits obligation — which Griswold said has proven to be a...
API- a key component of insurance digital transformation
Insurers generally have a multiplicity of incompatible core systems of record across different business units and country operations. How...
Blockchain’s Occam problem
Occam's Razor is the problem-solving principle that the simplest solution tends to be the best. In practice most blockchain projects have...
State Farm Faces Legal Scrutiny Over Misleading Home Policy Disclosures
A reminder for digital transformers that you can't escape from using plain, understandable language when a customer is buying insurance.
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That sinking feeling with Subsidence- another case for transformation?
Subsidence may only account for around 1.8% of all UK home claims but hat still adds up to an eventual cost to insurers of £500m . In the...
Paul Stanley: the insurtech boss promising to improve insurers' bottom line by a fifth
Now if I were an insurer I would take Paul Stanley up on this promise and it looks like a fair number have already done so.
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He makes bold statements - that his firm can eliminate 65% of inbound and outbound calls from call centres and improve the bottom line...…
Top 25 Insurance Companies in the world
These are the ones to target if your strategy is to be a scalable and world leading insurtech. Unless you plan to replace them as a...
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