The pandemic has meant more people than ever rely on technology, but many remain distrustful of tech companies. Seventy-nine per cent of consumers in a recent poll said they are concerned about how tech companies use the data they collect of them. Ongoing breaches in privacy also continue to contribute to the public’s increasing distrust. […]
Technology driven start-ups are reshaping the insurance industry. These start-ups, known as insurtech, use technology innovations to provide customer-centric insurance products and efficient services. Insurtech start-ups are able to explore new areas of insurance through machine learning, AI and cloud-based computing. New products developed by insurtech can be priced much more competitively, making them more […]
Organisations rely heavily on code to solve challenges. Code is time-consuming, expensive and can cause IT departments to become overwhelmed with requests. No-code development platforms remove these barriers; they enable users with no technical background to build applications. No-code development platforms are truly in the driving seat of the current surge in digital insurance transformation. […]
Is ‘Digital’ the most important part of your Digital Transformation? In recent months, the term Digital Transformation has grown in popularity. This is not a new concept brought on by the current pandemic, but a focus that has delivered many companies over the decade’s rewards in their bottom line. This is achieved through greater efficiency […]
As the world locked down in 2020, it became increasingly digitalised. Many organisations turned to tech to survive. There is no doubt that the pandemic accelerated the digital revolution and there is no going back now, as we anticipate that 2021 will continue this trend. Organisations must shift from reactive to proactive to stay competitive […]
The future of insurance is algorithms. In fact, let’s face it, pretty much the ‘future of everything’ is going to be based on algorithms in some form or other; we are ourselves, in essence, just a complex mix of ‘organic algorithms’ so the model and process management associated with algorithmic deployment is a somewhat tried […]
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