Feb 13, 2019 8:30:15 PM

Powerful and successful impacts of bigtech on insurers

BigTech companies like Amazon are slowly establishing a presence in the insurance industry. Almost 30% of customers globally would be willing to buy insurance from BigTech firms like Google and Amazon, and insurance companies are still playing catch-up when it comes to delivering technology-enhanced customer experiences.

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Feb 12, 2019 4:56:57 PM

TOP-10 POSITIVE TRENDS IN INSURANCE TECHNOLOGY

The P&C sector has been witnessing slow but resilient growth in premiums, with the real premium growth rate stabilizing gradually after the financial crisis. However, in 2017, there was a decline of 0.5 percentage points in the real growth rate of premiums and profitability also trended down for the third consecutive year. 

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Feb 9, 2019 2:07:07 AM

Blockchain in Insurance

The banking and insurance industries are embracing blockchain with open arms. According to the SAP Digital Transformation Executive Study, executives in banking and insurance plan to more than double their investments in blockchain by 2019. 

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