Technology Trends
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Technology Trends
Tech trends #16: How technology is transforming P&C insurance
In this short video, Laura Drabik, chief evangelist at Guidewire outlines how new technologies enable insurers to make a profound difference in people's lives. Watch this video to find out about the exciting ways in which insurtech is improving customer journeys and claims service.
Breaking the barriers to insurance innovation
Insurance continues to push for modernisation and innovation but meeting the customer’s continually rising expectations for a seamless digital experience is no easy task. From blockchain to open business conversations between teams, this blog highlights how insurers can drive innovation.
Embedded insurance: Are insurers ready for a new business model?
Embedded insurance offers the potential of a rich seam of new business and lower-cost distribution. But, as a recent roundtable revealed, insurers are still figuring out how to get comfortable with their new partners. This article provides a summary of the discussion and the key points raised.
Evolving from systems of record to systems of insight and action
According to a recent study by McKinsey, “insurance market shapers,” those who boldly innovate, create significantly more economic value than their peers. Thig blog highlights how insurers can build-in agility in innovation through data and analytics.
Four questions with Marc Jones, CTO, Shift Technology
In this Q&A, Marc Jones, chief technology officer at Shift Technology, discusses the biggest challenges and opportunities facing insurers, and how machine learning and artificial intelligence is enabling insurers to derive insights from data in order to drive new and innovative insights.
From admin systems to ecosystems: Enhancing services through partnerships
Insurance ecosystems are enabling effective and efficient digitisation and data exchange. This report focuses on what an insurance ecosystem looks like, building an insurance technology ecosystem and the role that administration systems can play in enabling their growth.
IoT drives innovation in insurance
The number of IoT connected devices is expected to increase to over one trillion devices by 2025, providing an enormous data set for insurance analysis. This blog highlights how IoT is driving innovation within motor and property insurance, whilst also reducing workplace risks.
Embedded insurance meets pet insurance: What's the potential?
Embedded insurance has scope across different insurance lines and pet insurance has been identified as a market in need of a radical shake-up. This blog explores the potential for embedded pet insurance to deliver relevant coverage exactly when customers are most likely to recognise its value.
Running up that hill: How to win the 2030 insurance technology challenge
The pace of change, driven by data, innovation and customer expectations is making it ever harder for insurers to identify the right technologies and innovation strategies that will future proof their businesses. This e-book focuses on five critical technology enablers to future-proofing insurance.
Broker Week: Evolving insurance business models
The insurance industry’s business models are changing fast due to the relentless march of technology, new market routes and modern distribution methods. How can brokers keep ahead of the curve to keep current business models from becoming obsolete? Download this article to find out more.