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The Covid-19 Strike: The Impact on Insurance Industry & Ways to Mitigate Risk with AI

The outbreak of Coronavirus disease (COVID-19) since December 2019 has been causing the entire world chaos and threatening human lives with the rapid transmission speed. The total number of confirmed cases have reached to more than 415,000 and nearly 18,500 of deaths based on World Health Organisation (WHO). Many countries had imposed lockdown to combat the […]

4 Hidden Keys of How to Use Data Analytics to Increase Sales

Big data is a very valuable asset to the businesses if you are able to unleash the power of data correctly. It plays an increasingly important role for all businesses to increase sales, reduces costs and improve business growth. According to a study from Entrepreneur, the businesses that use big data successfully increased an average of […]

4 Digital Transformation Strategies for Insurers to Speed Up Success

Based on McKinsey’s 2019 Global Insurance Trends and Forecast analysis, the annual growth rate of global insurance industry has increased more than 4 percent in 2017, which is the same level as its compound annual growth rate from 2010 to 2016. As the number of policyholders are growing rapidly, the amount of data from different sources will […]

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