Increasing use of artificial intelligence in customer service of insurance purchasers in India Insurance is merely a promise written on a piece of paper and while paying the premium the purchaser gets no tangible product in hand, except an assurance that the insurer will come forward in case of any unfortunate incident taking place as … Read more
In the quest to solve as much as possible the perennial and old problem of making insurance products affordable and increasing its reach to the customers in every large and small cities and of each income group, Insurance regulatory and development authority (IRDAI) has come up with new regulations and introduced new sales mechanisms like … Read more
Combining Insurance and technology is all about connecting the insurance sector with customers and their risks. Wearable devices are now-a-days extensively used for personal fitness in order to incorporate healthy life style. Insurance companies are also combining Insurance and technology to understand the health risks of their customers which they are exposed to, for the … Read more