Insurance
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Insurance Technology Trends
By Yuvamalaveka Mathavamani On 22 Dec 2023Technology has shifted the path of almost every industry at an unprecedented pace and the insurance sector is no exception. As we approach 2024, insurers are taking advantage of innovative technologies to meet the evolving expectations of customers and simplify...
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Transforming the Insurance Premium Audit Landscape with Emerging Technologies
By Veluru Harish, Pooja K C, Ankush Raj, Hanisha V Lokhande On 11 Apr 2023An essential step in the insurance process is the premium audit which confirms that the insured has paid the appropriate premium based on their real exposure to risk during the policy duration. The insurance company or a third-party auditor performs...
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Straight-Through Processing in a Modern Insurance Claims Management
By Anand Kumar Loganathan On 15 Mar 2023Insurance claims are a critical part of the customer experience, in fact, the time taken for an insurance company to satisfactorily settle a claim is viewed as the number one measure of customer satisfaction. After paying premiums for years together,...
AI/ML/RPA Embedded Insurance First Notice of Loss (FNOL) Insurance Modern Insurance Straight Through Processing
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Renewed Interest in Embedded Insurance
By Krishna Kumar Ganesan and Anand Kumar Loganathan On 21 Dec 2022What exactly is Embedded Insurance? Insurance has been one industry where the traditional sales channel contributes to the majority of the revenue. Postpandemic, there has been a noticeable change in customer behavior and preference along with increased competition. This has...
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