Futuristic insurance impact of technology convergence

Futuristic insurance impact of technology convergence

Along with Data Analytics, when all the other new-age technology innovations such as Big Data, Cloud and Telematics are harnessed together to deliver a service, the possibilities of sophistication are endless. In this section we take a telescopic gaze at a future scenario where Data Analytics play a pivotal role, first by proactively trying to minimize the possibility of a risk event and hence reduce claims/loss ratio and also secondly, by improving degree of automation in operation to reduce combined ratio.

Code Halo: A playbook for managing at the crossroads

Code Halo: A playbook for managing at the crossroads

By making meaning from the digital information that surrounds people, organizations and devices, businesses can create unprecedented levels of value. Think for a moment about your personal mobile and computing gadgets. Now think about all the things you do with them: connect with friends, play games, manage your money, read books, work, watch movies, listen to music, monitor your fitness, get directions, buy any number of products, and so on.