Insurance firms should use AI to improve existing models gradually rather than replace everything...
AI technology is best at work when it’s improving existing processes rather than trying to totally transform the entire business model, according to a panel at the Global InsurTech Summit 2019.
Adopting technology does not require the loss of humans in insurance
Bringing in technology does not mean cutting down the number of jobs, instead, it frees humans to do what they do best, innovate, according to a panel at the Global InsurTech Summit.
Partnerships are just expensive experiments if both sides are not certain the deal is...
Partnering with InsurTechs can be an expensive experiment, so it’s integral to ensure it’s the right fit for both the company and insurance firm,...
How unlocking data can support the growth of reinsurance
Improving the access to data will not only help improve reinsurance but help the industry grow in new verticals, according to a panel at the Global InsurTech Summit 2019.
Insurance companies cannot risk overlooking the importance of compliance
The insurance industry is relatively more focused on developing products and serving clients than further developing its compliance framework, according to Priscilla Cournède, head of group prudential and regulatory developments at SCOR.
How can improved data access enhance insurance experiences for consumers
Partnering with companies in all industries can give insurance firms more in-depth data which will help to enhance customer experiences, according to Milan Sud, head of Innovation at AXA Partners UK.
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