Solving common insurance issues such as customer churn and managing risk through the application of AI, can provide more accurate and predictive outcomes.Insurance has long been a sector which has appreciated the value of its data. No wonder, since in comparison to...
According to a new market report available on MMRSE The Global Data Monetisation market is set to grow by over 21 percent over the next 7 years, reaching an estimated value of $709bn by 2025. Data monetization is the process of transforming the large unstructured...
When you think about the sectors that consumers are most fond of, utilities languish somewhere near the bottom of the list. It is unsurprising, therefore, that it has long been vaunted that consumers are just not interested in having a relationship with their utility...
A new study by BCG reveals that an insurance wide implementation of blockchain could reduce its combined operating ratio by 5 to 13 percentage points and generate upwards of $200 billion (more in technical margin from its current gross written premiums). Not a figure...
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