Tag: Insurance Industry
How drones are reshaping the traditional insurance claims process
Samara Al-Tekreeti Marketing Operations @ in4mo Published on May 24, 2019 | 3 mins read These little unmanned flying objects are no longer restricted to only one segment, and use cases include: Delivery of goods to your home Filming in the movie industry Exploration of natural resources Industrial inspections Delivery of medical help in disaster…
Digitalization in Insurance Industry
Digitalization in Insurance Industry Published on March 15, 2019 | 1 min read Insurance claims are a prime candidate to benefit from the digitalization of the insurance industry. In this well written McKinsey article, the authors list three major benefits one can expect from successful digital claims transformation: Reducing claims expense by 25-30% Increasing customer…
The Connected Home
The Connected Home Published on December 12, 2018 | 1 min read To transform their claims operations, insurance companies must evolve from reacting to preventing property damage. One way to move in this direction is that their customers get comfortable with the concept of connected homes. But the case for the connected home is not…
A.I. Revolution
A.I. Revolution Published on November 29, 2018 | 1 min read As Artificial Intelligence (A.I.) is slowly permeating the insurance industry, it’s comforting to read a contrarian view from time to time. In this New York Times article, Melanie Mitchell, Professor of Computer Science at leading US universities, illustrates the great difficulties ahead to turn…
Customer Experience in Insurance Industry
Customer Experience in Insurance Industry Published on November 08, 2018| 1 min read The insurance start-up Hippo is implementing an interesting mix: leveraging the most advanced technologies to streamline the application process while keeping a much-needed human touch during support and claims. “Within the home insurance industry, customer experience has not always been an area…
Smart-Home Insurance
Smart-Home Insurance Published on July 19, 2018 | 1 min read Will home insurance be needed when smart-home technology lets you detect or even stop water leaks, prevent weather damage and track temperatures? Accenture Insurance writes that while companies are working towards open platform integration, stand-alone smart-home technologies remain important for current smart-home insurance offerings….
The Future Disruptive Technologies Within The Insurance Industry
The Future Disruptive Technologies Within The Insurance Industry Published on July 05, 2018 | 1 min read Integration of new technologies is a must for insurance companies. Cloud edge, volumetric display, and neuromorphic hardware are a few of the disruptive technologies expected to affect insurance companies within the next few years. The “Tech Trend…
When Two Industries Collide
Jean-Christophe Andre Marketing & Strategy @ in4mo Published on April 19, 2018 | 2 mins read How digitalisation drives Insurance and Construction industry towards closer collaboration Here at in4mo, we support two major industries undergoing deep digital transformation: the insurance industry and the construction industry. At first glance, it seems that these two industries are…
Eight Essential Technologies
Eight essential technologies Published on April 13, 2018 | 1 min read Here are eight essential technologies that matter now and are predicted to have the most impact in the coming years. Interestingly, they are all relevant to insurance companies and their damage restoration partners. This comprehensive analysis by PWC, a leading professional services company,…
Traditional Claims VS Modern Claims
Traditional Claims VS Modern Claims Published on April 5, 2018 | 1 min read Claims are often perceived as the unloved sibling in the insurance industry: Necessary, but not exciting. This is a very short-sighted view, as explained by McKinsey, the leading Management Consultant: “Claims should be a top priority”. As disrupters attack the traditional…