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Benefits of Insurtech

Insurtech Part 4: Benefits of Insurtech to Insurance Companies

June 23, 2020
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Many companies are already benefiting from the advent of Insurtech. As they have transformed themselves digitally to offer convenience, security, choice, and comparison to their modern customers, it becomes important for consumers to also understand the benefits of Insurtech which is changing the industry-wide mindset. …

Application and Challenges of Machine Learning In Insurance Sector

Application and Challenges of Machine Learning In Insurance Sector

April 5, 2020
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Data has always played the role of the backbone in the insurance sector. Nowadays the rate of increase in data is greater than the population growth itself. Big companies and startups are looking forward to investing in data analytics. But human effort can’t compile the …

Farmers Insurance® Finds Accidents with Animals Spike in the Fall Months

September 12, 2019
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PRNewswire/ — Autumn marks the start of migration season for many species, which can lead to more encounters between drivers and animals on roadways. Farmers Insurance® reveals 36% of Comprehensive auto claims filed with Farmers® due to accidents with animals occur between September and November, according …

Indian Insurance Sector- At The Crossroad Of Development

Indian Insurance Sector – At the Crossroad of Development

September 10, 2019
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“Insurers need to become catalysts for innovation and government need to spread awareness across each corner of the whole country in order to drive growth in Indian insurance sector” Even after being the world’s 7th largest country, the second most populous one, the country with …

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