Insurance industry can have better cost performance, reduce protectoin gaps, increase customer experience and create transparency with the combination of available data and AI/ML. While some might argue around the latter part, transparency is likely to receive assistance from legislation on these services. As data becomes ubiquitous, Artificial Intelligence and its related technologies will create a seismic impact on many aspects of the insurance industry, from...
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Hi, Daniel! A very warm welcome to Modern Insurance Magazine’s Insurtech Editorial Board! Question – Why don’t we start by talking about Contemi, the solutions you provide and the work you’re up to over there at the moment? Tell me more! Answer – Contemi is a global fintech house with a primary focus on Southeast Asia, ANZ and EMEA. We have been at the forefront of fintech digitisation...
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AI in Insurance Industry The insurance industry is no stranger to innovation, and the use of artificial intelligence (AI) has been gaining traction in recent years. AI is being used to streamline operations, reduce costs, and provide more personalized services to customers. One area where AI is making a significant impact is in the customer experience and broker portals. AI Insurance for Customer Experience AI is being used in customer...
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Med utenlandsk forsikringsgiver skal effektiv forsikringsgivning gi TT Forsikringen utfordrerposisjon i det norske forsikringsmarkedet. TT Group, et familieeid konsern, fikk på tampen av 2022 forsikringskonsesjon av Finanstilsynet. Nå ønsker selskapet, som tidligere kun har vært forsikringsagent, å utfordre de store aktørene i bransjen. – Vi har nå gått samme runde som et forsikringsselskap hva gjelder konsesjon, men vi har ikke samme kapitalkrav som et norsk forsikringsselskap. Vi har lansert...
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A future-oriented solution as a differentiator in the insurance market. OSLO–Nov 22, 2022 – Aspida Forsikring, an independent insurance agency (Managing General Agent – MGA) that delivers business insurance, announced that the implementation of their new insurance platform has been a success, and the first renewals are now issued in Seamless.insure. Aspida Forsikring uses its high level of expertise and integrity to be a strong player in...
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When I started my studies in Tromsø in 1980, the University had just recently purchased a mainframe computer from Control Data in California. It was very big and very expensive. As a student, we had access via terminals, and we learned to develop programs for several purposes. In the forward-pointing, first object-oriented programming language called Simula (Nygaard & Dahl), we would be designing procedures for...
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