Sensor-driven predictive maintenance (PdM) is an ongoing maintenance approach that does away with the “run to failure” mentality that costs both insurers and manufacturers money.
Three ways AI will enable insurers to derive new insights out of the immense quantities of data captured via IoT devices and stored and manipulated within a big data environment.
With the proper planning and execution, any insurer’s non-core systems should be humming as well as any of their core systems—perhaps even better.
The storms bear lessons about how technology can help not only to resolve claims to benefit policyholders, but to play a role in improving the relationship between insurers and the public more generally.
Insurers, reinsurers, investors, regulators, the general public are paying attention, but is Lemonade really all that disruptive? Yes and no.
Initiating a blockchain project today may seem like a daunting task, but it is a natural evolution on the path of “inside-out” and “outside-in” digital enablement in insurance.
While insurance uses are mostly speculative at this point, AR and VR have significant potential for driving improvements in areas such as efficiency, customer experience and risk avoidance.
As with any new technology on its way to becoming mainstream, misconceptions are common. Here we debunk the nine most common myths in the market about RPA that can lead your RPA efforts astray.
What if we created a new insurance product category that empowered ordinary people to negotiate a share of digital ad revenues while also managing and protecting their other personal information assets?
As the art of underwriting becomes less important than the science of underwriting, customer experience becomes more of a differentiator.