New technologies can be catalysts for change, offering extraordinary new business capabilities. DARQ technologies—distributed ledger technology, AI, extended reality and quantum computing—will be the next set of technologies to spark a step change, enabling insurers to reimagine the industry as a whole. How do I see these technologies affecting insurers? Distributed ledgers will expand networks…
Emerging technologies are presenting opportunities throughout the insurance industry, disrupting traditional processes and unlocking untold value for providers and claimants. One such opportunity is that of artificial intelligence (AI), a technology that has the potential to restructure patient data across multiple fields, while streamlining claims and improving the accuracy of conditions identified manually by 25…
Given the data-driven nature of their industry, insurance CFOs have a natural predisposition towards driving new value from analytics, which to an increasing degree relies on intelligent automation tools. In fact, among the industries surveyed for Accenture’s “The CFO Reimagined: from driving value to building the digital enterprise” research, insurance scores in the top three…
In my last post, I explained why the state of property underwriting leaves something to be desired and how it’s time for carriers to rethink how it’s done. Let’s take a closer look at the seven areas of focus that can help carriers modernize their insurance location management capabilities: Data precision / cleansing Address records…
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