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Customizing Personal Lines Insurance with Location Data

Cloudera

Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. According to Statista , the projected installed base of IOT devices is expected to increase to 30.9 I recently attended one of Majesco’s excellent webinars hosted by Denise Garth, Chief Strategy Officer.

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IoT Adoption in Healthcare Brings Security Opportunities

CIO Business Intelligence

At the end of the day, it’s all about patient outcomes and how to improve the delivery of care, so this kind of IoT adoption in healthcare brings opportunities that can be life-changing, as well as simply being operationally sound. Why Medical IoT Devices Are at Risk There are a number of reasons why medical IoT devices are at risk.

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Automated Sales & Underwriting Strategies can Transform Insurance

bridgei2i

Automated Sales & Underwriting Strategies can Transform Insurance. One of the major repercussions of the COVID-19 pandemic in financial sectors has been the increase in awareness about insurable risks across categories and markets. Images 1: Challenges before insurance industry in the post-Corona world.

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Adoption of Automated Sales & Underwriting Strategies can Transform Insurance

bridgei2i

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. The insurance industry—which, in the US alone, stands at $1.2 trillion, is seeing the volume of insurance transactions growing every year. Images 1: Challenges before insurance in the post-Corona world. click here.

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The Journey to Understanding your Insurance Customers

Cloudera

Insurance carriers have a unique opportunity: They have access to powerful technologies and a wealth of information that can help them to better understand their customers and provide an enhanced customer experience. . In a March 2021 poll by Celent , “improving customer experience” was identified as the top focus (63%) for insurers.

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5 Incredible IoT Applications In Civil Engineering

Smart Data Collective

As the Internet of Things (IoT) becomes smarter and more advanced, we’ve started to see its usage grow across various industries. Adoption is certainly ramping up, and the technologies that support IoT are also growing more sophisticated — including big data, cloud computing and machine learning. IoT can turn that around.

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Prioritizing Data: Why a Solid Data Management Strategy Will Be Critical in 2024

Ontotext

The generative AI buzz and interest in cloud migration shouldn’t be ignored, but as with any technology that requires data strategy, it’s critical that data and analytics professionals be crystal clear about their priorities and confident in the projects that will positively impact their business and goals.