Tag Archives: digital

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Insurance Business Model: Digital Transformation

Insurance companies face conflicting challenges. They must contend with continuing instability in financial markets, low interest rates, increasing acquisition costs, changing regulation and catastrophic losses from ongoing natural disasters. Yet the global insurance market shows unprecedented growth potential, whether it is the sizable global population moving into retirement with greater life expectancy and health protection needs […]

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Analytics infusion in Digital Transformation Journey

The digital technologies governing tremendous shifts in the marketplace aren’t new, but they are being put to use very differently. Humungous amounts of information is accessible like never before—from proprietary data sitting within the organizations to new sources of open data made available to general public. The storage & computational capacities have grown by leaps […]

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How Startups can leverage AI to gain competitive advantage

Despite nationwide venture funding hitting a multiyear low, venture capital deployed to artificial intelligence (AI) startups has reached a record high. Last year, VCs struck 658 deals with AI companies, nearly five times the number that signed on the dotted line four years before. To date, the market contains 2,045 AI startups and more than 17,000 market followers, with more […]

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