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Benefits of Insurtech

Insurtech Part 4: Benefits of Insurtech to Insurance Companies

June 23, 2020
0

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. …

Indian Insurance Sector- At The Crossroad Of Development

Indian Insurance Sector – At the Crossroad of Development

September 10, 2019
2

“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 …

iot

5 Ways The IoT Will Transform The Insurance Industry

December 12, 2016
0

  The U.S. Insurance industry is the world’s largest insurance market where 6,118 companies, employing 2.5 million people, have net annual premiums of $1.1 trillion. Yet, despite its size and overall financial health, the insurance industry is likely to experience profound change driven by a …

cyber insurance insurology

How can Actuaries be Thought Leaders on Cyber Liability?

November 28, 2016
0

The infrastructure, the users, and the services offered on computer networks today are all subject to a wide variety of risks posed by threats that include distributed denial of service attacks, intrusions of various kinds, eavesdropping, hacking, phishing, worms, viruses, spams, etc. In order to counter …

actuary and data scientists

[Submitted] Actuaries and Data Scientists – Match Made In Heaven or Hell?

August 1, 2016
0

In our previous article titled “What is the reality of the Chief Data Officer role within the insurance sector?”, we were joined by leading Chief Data Officers and Chief Analytics Officers who provided their thoughts on the status of data and analytics leadership and transformation …

Chennai floods: says Insurers need to invest in actuarial capabilities

December 5, 2015
0

Everyone is shocked after #ChennaiFloods but people, entrepreneurs and government is doing far better job to take back everything to normal. While it’ll take time but here’s a bad news for Insurance companies, Insurance companies are likely to face claims worth Rs1,000 crore. But we read this …

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