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Customer acquisition, onboarding and engagement, underwriting and risk management, billing and claims – all these areas are being changed by the digital innovations. Digital Insurance Trends is a group for professionals who are interested in Insurance Technology, Fintechs, and Solutions Providers - as well as Global Industry Intelligence.
Insurance is commonly seen as a complicated field that requires an expert to navigate. And while that may have been true in the past, it’s far from the case nowadays with all the advancements we’ve se...
The sale of goods and services is becoming increasingly part of an ecosystem economy. From vehicle leasing to managed networking services, business models that combine different goods and services are...
We are all adjusting to new ways of living and working and one such adjustment, I’m sure many of us have now encountered, is the virtual conference. Beyond the obvious upsides such as not having to de...
The Future at Lloyd’s Blueprint One, the plan to transform the market, has been covered widely by City of London insurance pundits, but there is still a long way to go before we know what it looks lik...
Many people believe that if their insurance agent fails to perform a part of their duties that leads to a penalty for them, that’s the end of the story and nothing can be done about it. However, in mo...
The value of the Internet of Things (IoT) to the insurance industry is becoming understood but there is plenty of room for even more innovation. The roots of IoT applications in insurance lie in how t...
This summer’s silly season for news stories ended early for the insurance industry with new rumours of Amazon making plans to disrupt the sector. Well sourced reports in titles like Reuters and Insu...
I’ve had an epiphany. Sadly, it’s about IT stuff – but I thought I would share it anyway! More specifically, it’s about Robotic Process Automation (RPA) and when to use it. As you will see below, sce...
Drones are often touted as being the answer to a great number of modern day challenges. Soon, we are told, they will be making shopping deliveries for us, dropping off pizzas, and even taxiing us aro...
After every few years, there is always a technological breakthrough happening and the pace or rate at which these significant events happen will increase. Gordon E. Moore, co-founder of Intel, stated ...
According to Warren Buffet, the CEO of Berkshire Hathaway, any technology that reduces auto accidents is remarkable, but auto insurance companies should not be holding a party, yet. The truth is, 90% ...
Over the last decade, several sectors of the economy adopted and implemented digital technologies to improve business connections and maximize output and efficiency. However, the insurance industry is...