AI is a promising technology as it is improving the overall customer experience and is a cost-effective innovation.
Insurance companies will benefit tremendously from using data generated by in-vehicle telematics devices, smart wearables such as Apple watch and other Internet of Things (IoT) devices.
With the impact of cybersecurity on business outcomes, Gartner has identified six key trends for business leaders to take leverage and improve enterprise resilience and elevate business standing.
Financial institutions have made drastic changes in risk management over the past few decades, primarily in compliance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations....
For Instance, Amazon is collaborating with JP Morgan and Berkshire Hathaway and adopting a new way towards health insurance, targeting first on the group's employees.
The use of AI has been the talk of the town for many tech companies lately but its use in insurance companies will be beneficial as it will reduce costs and time spent while also giving better customer experience with better decisions on pricing....
The insurance industry is a diversified market that could largely benefit from such predictive analysis, specifically around customer engagement and marketing.
Cyber-insurance is important for businesses-offering protection from crisis management and retaining optimal operational efficiency.
Blockchain being a decentralized public digital ledger records cryptocurrency transactions in chronological order.
More than 500 attendees are scheduled to meet in Chicago for the Connected Claims USA Summit, run by Insurance Nexus onMay 21st & 22nd at the Sheraton Grand.