Sign up and be the first to know

About Hugh Terry & The Digital Insurer

Hugh Terry & The Digital Insurer Video

Contact Us

1 Scotts Road
#24-10 Shaw Centre
Singapore 228208

Write an article

Get in touch with the editor Martin Kornacki

email your ideas at [email protected]

Pre Registration Popup

itcasia2020 Registration Popup

Share Popup

Prime Member: Find out more

Access a unique programme!
  • 56 pre recorded lesson of online content from industry experts over 7 courses
  • The best in digital insurance for practitioners and by practtioners
  • Online MCQ after each lesson
  • Join the discussion forum and make new friends
  • Certificate upon completion to show your expertise and comitment
  • 3 months to complete
  • Normal price US$1,400 Your Prime member price is US$999
  • Access to future versions included in your Prime membership!
Become a member

Prime Member: Contact Us

REach out to us. Please fill up the form below
  • Let us know how we can help. You can expect a response within 24 hours


Finnovating is a Matching as a service platform that enables X-Techs from all around the word to connect , collaborate and get the funding they need to grow from investors and corporations globally. The Finnovating platform is a space were the key players of the Tech industry can connect together easily and boost global Tech innovations.


Sønr is the world’s most comprehensive source of innovation intelligence. It is a subscription platform used by some of the best known insurance companies globally.

It tracks millions of companies around the world and provides insight on the latest market trends, the startups and scaleups reshaping the industry, and intelligence on how other big insurers are innovating.

Sønr includes a suite of tools designed for teams to better collaborate and connect. From recording meetings to capturing and sharing Notes, to being able to track and share activity across the company using Watchlists and CRM boards.

The platform is backed up by a team of consultants, researchers and analysts who support clients in discovering and creating new business opportunities.

Dassault Systemes: Artificial intelligence in industrial markets

Article Synopsis :

Industrial companies are expected to outspend their B2C counterparts on digital transformation solutions, according to this paper. But can it deliver the kind of disruption and transformation that is being experienced in retail, banking, insurance and healthcare?

 The Digital Insurer reviews Dassault Systèmes’s Report on Artificial intelligence in industrial markets

Digitalisation is about more than just spending money on new kit

That will depend. Research from IDC suggests that most will be disappointed with their return on investment. Though discrete and process manufacturing industries will spend around US$333 billion on digital transformation solutions (almost a third of the global spend), 70% won’t achieve their goals.

Think big

The simple reason that they set their sights too low. Rather than seeking to digital transformation, they are looking to digitalisation, which focuses on improving efficiency.

Efficiency is a good thing, but digitalisation is not transformational and yields will be small because industries have spent decades refining processes to make them more efficient.

Digital transformation enables continuous and substantive process improvement, increased agility and, most importantly, breakthrough innovation.

What can be done?

Artificial intelligence (AI) and machine learning (ML) can have broad applications in industrial markets and for similar reasons. They can be used to anticipate needs, manage tasks and provide trusted recommendations across a number of fields:

Predictive maintenance and field operations where AI ad ML can combine to:

  • predict plant failure, assist with maintenance;
  • repair and operations planning;
  • generate preventative and predictive maintenance recommendations;
  • analyse quality issues;
  • automate routine operations and maintenance tasks using automation software, robots, autonomous vehicles and drones;
  • interpret and feedback operational data; and
  • interpret and share performance and other quality-related data like customer feedback and warranty information, to manufacturing teams.

Design where AI and ML can:

  • process millions of design options instantaneously;
  • generate recommendations automatically for optimal solutions based on multiple criteria (cost, sustainability, time, regulatory requirements, etc.);
  • use in cognitive search systems help designers explore existing design concepts via text and image searches
  • help designers understand customer demand through analysis of sources like social media or internal customer feedback systems.

Reaching the parts other technology cannot reach

The technology will also demonstrate its worth within sales and marketing, by predicting trends, customising products and delivering highly targeted marketing.

Within testing, ML can develop highly accurate digital models of both physical objects and systems. This enables the development of realistic behavioural models that can be used to run performance simulations.

Finally, in manufacturing digital modelling and simulation are already being used to:

  • plan production lines and systems;
  • develop and integrate smart equipment, smart robots and production-line drones;
  • recommend and execute proactive maintenance; and
  • funnel important production data back to teams working on product design and specifications.

The use of such systems that share common digital models of products and assets and are deployed via a common collaborative platform will provide digital continuity that is required to generate continuous product and process innovation.

Link to Full Article:: click here

Digital Insurer's Comments

It is hard to believe that industrial businesses wouldn’t be aware of the benefits of digital transformation. But it is important to remember that this paper warns against the same kind of inertia experienced in other sectors, including insurance.

Going digital simply isn’t going to make a business sustainable in the commercial environment under development today.

Being digital is what Businesses in every sector should be aiming for. Anything less simply isn’t ’t enough.

Link to Source:: click here


Livefest 2019 Register Popup Event

Livefest 2019 Already Registered Popup Event

Livefest 2019 Join Live Logged-in Not Registered

Livefest 2019 Join Live Not Logged-in