Tag: Insurance

The debate about insurance innovation has been dominated recently by comments generated as a result of the State Farm TV ad, where the US insurance giant celebrates the superiority of its thousands of human insurance agents compared to AI-based chatbots. Lemonade – a smart US insurtech startup – has credited itself as the target of Read More

Big data is not just a buzz term any more - as consumers demand more from insurance companies, the need for a more efficient way to examine risks grows as well. The opportunities big data analytics presents are endless in helping companies transform the way they see and manage large pools of information from consumers. Read More

February 5, 2019 Strong ecosystem positioning will be critical for insurers to thrive in evolving macroeconomic, regulatory, and operating environment. Insurance industry market dynamics are in flux, with new ecosystem models coming into play. Heightened customer expectations and rapid technological advancements are among the catalysts spurring an industrywide shift. New players, such as BigTechs and Read More