In an era where speed and efficiency define competitive advantage, consider a scenario where an insurance company slashes its product launch timeline by nearly half, delivering innovative solutions to customers in record time. This is not a distant dream but a reality for insurers embracing cloud
In a world where financial security remains a cornerstone of family stability, a staggering statistic reveals a troubling trend: life insurance ownership among households has plummeted from 63% in 2011 to just 51% in recent data from the 2024 LIMRA Barometer, raising a critical question about why
Setting the Stage for a Transformative Industry Shift In an era where digital innovation reshapes every facet of business, the insurance sector faces a staggering statistic: over 70% of customer interactions are projected to be handled by artificial intelligence (AI) and automation within the next
I'm thrilled to sit down with Simon Glairy, a renowned expert in insurance and Insurtech, particularly in the areas of risk management and AI-driven risk assessment. With years of experience navigating the evolving landscape of financial services, Simon offers unparalleled insights into how
In a world where insurance companies grapple with outdated systems and relentless digital demands, a seismic shift has emerged as NTT DATA, a global technology titan, has acquired Alchemy Technology Services, a niche consultancy with deep roots in the property and casualty (P&C) insurance sector.
Introduction In an era where digital convenience shapes consumer expectations, managing life insurance policies can often feel like navigating a complex maze of paperwork and processes, but with the increasing reliance on technology to simplify financial decisions, Bajaj Life, a leading private