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 […]
Insurance is one of the most lagging behind industry in terms of Innovation but for last 3 years, Insurance sector is seeing the growth. In recent times, the awareness for insurance among the millennial population is steadily growing.
Billions of people do not have proper access to insurance either it is health, life, home, farming and more. Insurance is one of the category that always comes to and end while making financial decisions.
Insurance industry is in the midst of transformational changes that not only includes digital focus but also involves multiple categories of insurance which did not exist 5 years back.