40% of insurers to use synthetic data in AI by 2027, IDC predicts
Due to regulations around artificial intelligence, 40% of AI algorithms in insurance services (from underwriting to marketing and claims handling) will utilise synthetic ...
Due to regulations around artificial intelligence, 40% of AI algorithms in insurance services (from underwriting to marketing and claims handling) will utilise synthetic ...
The WTW Global Medical Trends Survey found the average cost of medical care in APAC jumped from 7.2% in 2022 to a high ...
Since 2018, Forrester has been tracking how Singaporean customers rate their experience with some of the biggest brands in banking ...
Based on the International Financial Reporting Standard (IFRS) 17, PSAK 74 is intended to enhance transparency and comparability in financial ...
Zurich Insurance Group will develop and bring new products to market quicker, saving approximately US$30 million a year.
The 2023 Gartner CIO and Technology Executive Survey revealed that improving the customer experience and operational excellence, not growth, are ...
A global pandemic, natural catastrophes, geopolitical risks, and macroeconomic risks, coupled with recessionary market sentiment, have created an extremely uncertain ...
Prudential will leverage Google Cloud's data analytics capabilities, secure and sustainable infrastructure, and the broader Google ecosystem, to accelerate its ...
The company is able to save on manpower resources, significantly reduce the duration of administrative processes from weeks to days, ...
Gartner defines the chief technology officer as having overall responsibility for managing the physical and personnel technology infrastructure including technology ...
According to new research from Manulife people living in Asia have accepted that COVID-19 is here to stay for another ...
As the world pivots and adjusts to a pandemic environment, the disruption that has impacted business has driven many organisations ...
TIDLOR to use Oracle Cloud ERP to streamline internal processes to increase productivity and flexibility to meet ongoing compliance and ...
Predictive modelling is collecting data from internal and external sources to better understand and predict the behaviour of customers.
Insurers will weaponize technology to drive growth and differentiation. Investments in composable technology platforms, value chain-specific solutions, and nurturing digital ...
 Insurers' comfort with their organisation's resilience can be linked back to their recent efforts to ramp up transformation initiatives in ...
 YF Life needed a new solution as it prepared to launch its new core administration system. Together with its technology ...
Insurers’ increased access to operational and behavioural data will enable enhanced data analysis capabilities; allowing insurers to guard against evolving ...
Now every insurance company is trying to frame the solutions and the strategy around the customer. We have started to ...
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