Artificial intelligence (AI) and machine learning (ML) technologies offer exciting and far-reaching potential for insurers to improve operational processes within an insurer’s business, and allow for the creation of completely new business models. This article will examine AI initiatives across the spectrum of product development, customer acquisition, underwriting, policy management, and claims and look at: […]
READ MOREVideo: Swiss Re’s Yannick Even on AI in insurance, paths to adoption, the Coronavirus crisis, and more
Yannick Even, Data Science Analytics Head, Swiss Re APAC, speaks with The Digital Insurer’s Padraig Floyd about the future of AI and machine learning in insurance. This in-depth interview asks: Which parts of the value chain are Swiss Re seeing AI and ML deployed in? Is the current Coronavirus crisis slowing adoption, or will it […]
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The transformation of insurance companies in the digital age, from a claims management perspective
“Insurance companies’ transformation in the digital age, from a perspective of claims, is necessary for us today and must become a job for everyone, where we must be looking for adaptations that meet the strategic objectives of customers.” The main actors of the insurance value chain in the world and Colombia are not immune to […]
READ MORETransformación de las Compañías de Seguros en la Era Digital Desde una perspectiva de la atención de siniestros
“La transformación de las compañías de seguros en la era digital, desde una perspectiva de la atención de siniestros, son menester para nosotros en la actualidad y debe convertirse en un trabajo de todos, donde debemos estar buscando adaptaciones que cumplan con los objetivos estratégicos de los clientes.” Los actores principales de la cadena de […]
READ MOREPost-mortem of on-demand insurance, or, renaissance with COVID-19 from the insurtechhand ?
First of all, we must ask ourselves what is on-demandinsurance? On-demandinsurance or “insurance ondemand” or “safe switch”is a concept born several years ago with a dream of the insurancesector: “in the new sharing economy, customers want to buy something once and forget it until they need it again. The famous purchase by use. So, for […]
READ MOREPost-mortem del seguro on-demand, o renacimiento con el COVID-19 de la mano de las Insurtech?
Ante todo, nos debemos preguntar ¿qué es un seguro on-demand? El seguro “on-demand” o “seguro a demanda” o “seguro switch” es un concepto nacido hace varios años con un sueño del sector asegurador: “en la nueva economía colaborativa, los clientes quieren comprar algo una vez y olvidarlo hasta necesitarlo otra vez. La famosa compra por […]
READ MOREDigital transformation of the insurance industry following COVID-19: Ecosystems and InsurTechs
COVID-19 created a world crisis that is challenging our way of life because the pandemic restricted mobility and interactions among people, and that changes everything; the way of work, the way of going to school, and the way to buy products and services. Many industries will have to modify their way of doing business to […]
READ MORETransformación Digital de la Industria Aseguradora en Tiempos de COVID-19: Ecosistemas e Insurtechs
El COVID-19 creó una crisis mundial que está desafiando nuestra forma de vida porque la pandemia restringe la movilidad y la interacción entre las personas, y esto lo cambia todo; cambia la forma de trabajar, la forma de ir a la escuela y cómo compramos productos y servicios. Muchas industrias tendrán que modificar su forma […]
READ MOREChina In-Depth: Coronavirus
It has long been said about economic performance that when the United States sneezes, we all catch a cold. Yet it might be said, that when China gets sick, other parts of the world face a potential epidemic. It is perhaps fitting, though unfortunate, that in the digital age, this illness has gone literally viral […]
READ MOREInsurTech focus: Pet City
Pet insurance has been available in China since around 2004. However, low demand, a small market and relatively small bills, meant it never really gained much of a foothold. As a result, It has been an often-overlooked sector within digital insurance. Pet City medical Insurance 365 product was launched in 2017. It is more than […]
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