Enriching traditional insurance models with AI

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...

Smart Meter Data Set To Revolutionise Utilities CX

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...

How new technology is changing the face of insurance

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...