As the nation begins to reopen businesses, including those in the insurance industry, preparations are underway for what’s considered as the new abnormal. To ensure they’re positioned for success in…
In the past few years, insuretech upended the insurance industry prompting traditional carriers to reevaluate how they create products and deliver services to their customers. Insuretechs are most definitely driving…
Despite the lifting of restrictions and loosening of statewide lockdowns, the threat of the novel coronavirus is still very serious. Without a vaccine in place, experts predict another wave of…
Technology will be key to helping financial institutions find the right, data-driven way to communicate effectively with their customers. Creating a solid personalization plan to ensure banks are sending the…
The novel coronavirus continues to disrupt all industries and the insurance sector is no exception. Despite the impacts of COVID-19, the insuretech movement remains relevant by enabling resilience and meeting…
The outbreak of COVID-19 has had a major impact on the insurance industry. In the beginning stages of the virus most insurers made necessary changes to protect their employees and…
Organizations capture virtual truckloads of data that are never used. In fact, 90% of this “dark data” goes untouched, according to IDC, which means that companies are either wasting time…
Dark data is data that’s collected in regular processes but ends up stored and perhaps forgotten in siloed functional applications. While it’s certainly available for use, it’s not assigned for…
Claims leakage is an all too familiar issue for insurance companies. On the surface, the biggest impact of claims leakage is the loss of revenue from potentially overpaying a claim…
The organization, storage, and accessibility of service management data in your ITSM platform is critical when it comes to making informed business decisions. While a traditional database retrieves current data…
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