#82-Insuretech- How Digitization of Insurance will create value?
What Fintech is to Banking, Insuretech is to Insurance.
- Data based insurance decision making, Accurate risk models, reduce fraud risk
- Personalized Insurance products, dynamic pricing based on customer data
- AI for claims-cycle- Minimal human interference from claim initiation till settlement
- Embedded insurance products for seamless integration
- Insurance Ecosystem/new growth/markets access/API partnerships
- On-demand insurance solutions at scale
- Preventive and risk mitigation partnerships beyond insurance
- Operations, chatbots, voice, and Face-Tech for frictionless customer experience
- Channel efficacy and measurement
- Blockchain for identification and reducing insurance fraud
- Aggregator models or insurance marketplaces
Best regards,
Sidhartha Sharma
Digital Transfromation and Fintech Expert
