Is your tech stack holding you back

2020 was a crazy year! The business world had to quickly adapt to unheard of challenges; and technology helped many to survive the crisis. Whatever will be the new normal in 2021, organizations know that they must optimize their tech stacks to continue to meet the challenges.

The insurance sector has historically been…

Insurance is one of the most document-heavy sectors, processing huge volumes of physical customer forms, claims applications, and more. Insurance carriers know they need to digitize to keep up with the threat of insurtech start-ups but most feel hampered by the stringent regulations of the industry as well as the legacy systems they have built up over the years. The irony is that without modernization, it is a lose-lose situation.

When an insurance company implements a well-designed…

The insurance sector has been sitting on a largely unused treasure trove of big data because it lies scattered across disparate systems. Lately, data management tools using artificial intelligence in insurance have been gaining accelerated adoption to build business intelligence. Specifically, artificial intelligence in insurance has gained popularity in claims processing and efficient underwriting, as well as risk evaluation and fraud detection.

During the pandemic, companies realized…

The insurance sector has been sitting on a largely unused treasure trove of big data because it lies scattered across disparate systems. Lately, data management tools using artificial intelligence in insurance have been gaining accelerated adoption to build business intelligence. Specifically, artificial intelligence in insurance has gained popularity in claims processing and efficient underwriting, as well as risk evaluation and fraud detection.

During the pandemic, companies realized…