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https://www.duckcreek.com/blog/digital-insurance/
Big Data & Analytics The single biggest benefit of digital insurance capabilities, aside from speed and customer satisfaction, is the data generation, analyzation, and utilization that results. All of these digital technologies generate Big Data – data …Estimated Reading Time: 9 mins
https://global.hitachi-solutions.com/blog/insurance-digital-transformation
Digital transformation in insurance is also helping to personalize marketing efforts. Robust data analytics and AI systems can tailor and target marketing efforts for insurers, using the power of social media to reach audiences they can truly impact.
https://www.mckinsey.com/~/media/mckinsey/industries/financial%20services/our%20insights/time%20for%20insurance%20companies%20to%20face%20digital%20reality/digital-disruption-in-insurance.ashx
Facing digital reality Digital disruption in insurance: Cutting through the noise Automation can reduce the cost of a claims journey by as much as 30% Facing digital reality Regulation, product complexity, and insurers’ large balance sheets have kept digital attackers from insurers’ gates. …
https://www.avenga.com/magazine/digital-insurance/
Mar 19, 2020 · A study by the German digital association “Bitkom” in 2019, suggests that the digitization of insurance sales is well received by German customers: more than one in two (55%) has already purchased an insurance product online at least once. In the target group of under 30 …Estimated Reading Time: 10 mins
https://www.thehartford.com/cyber-insurance
Dec 22, 2017 · To learn how you can protect your business with data breach insurance, get a cyber liability insurance quote or call 855-829-1683 today. For larger businesses, or small businesses with a lot of sensitive data, our cyber liability insurance, which is called CyberChoice First Response, offers even more protection than our data breach coverage alone.
https://www.the-digital-insurer.com/wp-content/uploads/2014/05/183-The-Drive-to-Digitization-in-Insurance.pdf
Big Paper: It’s as Important as Big Data Delivering Business Value through Digitization Delivering a Digital Customer Experience The State of Paper In Insurance 4 In with the New: The State of Digital Capture Out with the Fold: Making the Transition to E-Delivery Making Digital Transformation a Reality 9
https://www.mckinsey.com/industries/financial-services/our-insights/harnessing-the-potential-of-data-in-insurance
May 12, 2017 · In September 2016, AIG and Hamilton Insurance Group announced a joint venture with hedge fund Two Sigma to form Attune, a data and technology platform to serve the $80 billion U.S. small and midsize commercial insurance market. Through Attune, the companies are seeking to transform the small commercial segment by harnessing data, artificial intelligence capabilities and advanced modeling ...
https://www.rgare.com/knowledge-center/media/research/wearable-technology-in-life-insurance
Jul 25, 2018 · The wearable technology space is developing rapidly. Many new metrics are emerging that may have potential use in the insurance industry are currently captured on mainstream wearable devices. These metrics include: heart rate measures beyond resting heart rate, stress level, body composition, and temperature. VO 2 Max.
https://www.dig-in.com/opinion/insurers-must-address-bias-in-ai
Feb 10, 2021 · AI, big data and new digital technologies can also help remove or minimize bias and discrimination in the claims assessment process. People can behave with prejudice without intending to do so through implicit bias. Unconscious attitudes, reactions, or stereotypes towards a certain social group can impact a claims interaction and appraisal.
https://www.forbes.com/sites/ciocentral/2018/11/11/allstates-data-driven-business-transformation-initiative/
Nov 11, 2018 · While Allstate is the 2 nd largest provider of property and casualty insurance in the U.S. according to A.M. Best, Sears has become the poster child for how data-driven tech giants, in this case ...
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