Using multiple systems and old processes troubles in Insurance! Enabling processes with data driven insights in unified manner helps improving efficiency, reducing cost and scaling.As someone said, plumbing and painting to old building does not sustain for long. Similar applies to businesses, systems and processes, instead of adding new layer to old systems which will increase […]
Artificial Intelligence‘s usages are increasing with leaps & bound in Insurance Sector [Life, Health, General & new-age shared /micro insurance]. Insurance sector has been for many decades and still uses legacy as its processes however it is rapidly changing. Artificial Intelligence [AI] stands to transform the insurance industry at fundamental levels from business model to […]
In recent years, it has been shown that when farmers insure against floods, pests, and other risks that affect their agricultural livelihoods, they can invest more confidently in their farms or in non-agricultural activities in areas like trade, education, or health.