Insurance | Page 2

AI in the insurance sector has transcended several use cases from intelligent automation in the back office to providing virtual assistance on the frontlines.

Here's the additional framework for the protection of policyholder information and data, which is required to be followed in addition to the general framework under the IT Act

Yashish Dahiya, co-founder and CEO of Policybazaar Group of Companies gets candid about starting his business during the 2007 crisis, changing the insurance landscape in India and why he doesn't like talking about the unicorn status

The government will sell partial stake in the insurer through an initial public offering.

Having already invested in the likes of Swiggy and Byju's, the Chinese tech company is betting big on Indian start-ups.

The technology will enable insurers across the country to efficiently enable predictive analysis

They need to think about the consumer first, before themselves and before the companies that they represent

The use of algorithms has dominated the finance industry, while financial advisory has taken a new shape with the advent of robo-advisors

RPA streamlines the end-to-end process lifecycle through the integration of front-end technologies with existing back-office processes

It's the technology that is being deployed to create, distribute and administer solutions in the insurance business in an effective and efficient manner

Follow the mantra of 'Being Customer First and Thinking Digital'

84per cent of the marketing organizations operating today have already started implementing machine learning and out of this over 75per cent of the enterprises using machine learning are already experiencing enhanced customer satisfaction

The upcoming industry has raised close to $290 million last year

Almost every insurer is looking to digitise, but the question how can they crossover the transformation seamlessly

The global insurtech market revenue was valued at $532 million in 2018

Here are the criteria with the help of which you can easily assess an insurance policy offered to you by any company

The startup claims a settlement ratio of 92 per cent

With the rise of technology and increase in smartphone users, the insurance sector is looking at a bright future

Is India realizing the importance of general and health insurances?

According to IRDA, the industry's penetration level was 3.69 per cent in 2017

Here's how Cloud, Blockchain, IoT, ML are all waiting to disrupt the insurance sector