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Author: Kiran Sood
Publisher: CRC Press
ISBN: 1003811477
Category : Computers
Languages : en
Pages : 396
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Book Description
This book is a unique guide to the disruptions, innovations, and opportunities that technology provides the insurance sector and acts as an academic/industry-specific guide for creating operational effectiveness, managing risk, improving financials, and retaining customers. It also contains the current philosophy and actionable strategies from a wide range of contributors who are experts on the topic. It logically explains why traditional ways of doing business will soon become irrelevant and therefore provides an alternative choice by embracing technology. Practitioners and students alike will find value in the support for understanding practical implications of how technology has brought innovation and modern methods to measure, control, and evaluation price risk in the insurance business. It will help insurers reduce operational costs, strengthen customer interactions, target potential customers to provide usage-based insurance, and optimize the overall business. Retailers and industry giants have made significant strides in adopting digital platforms to deliver a satisfying customer experience. Insurance companies must adjust their business models and strategies to remain competitive and take advantage of technology. Insurance companies are increasingly investing in IT and related technologies to improve customer experience and reduce operational costs. Innovation through new technologies is a key driver of change in the financial sector which is often accompanied by uncertainty and doubt. This book will play a pivotal role in risk management through fraud detection, regulatory compliances, and claim settlement leading to overall satisfaction of customers.
Author: Kiran Sood
Publisher: CRC Press
ISBN: 1003811477
Category : Computers
Languages : en
Pages : 396
Get Book Here
Book Description
This book is a unique guide to the disruptions, innovations, and opportunities that technology provides the insurance sector and acts as an academic/industry-specific guide for creating operational effectiveness, managing risk, improving financials, and retaining customers. It also contains the current philosophy and actionable strategies from a wide range of contributors who are experts on the topic. It logically explains why traditional ways of doing business will soon become irrelevant and therefore provides an alternative choice by embracing technology. Practitioners and students alike will find value in the support for understanding practical implications of how technology has brought innovation and modern methods to measure, control, and evaluation price risk in the insurance business. It will help insurers reduce operational costs, strengthen customer interactions, target potential customers to provide usage-based insurance, and optimize the overall business. Retailers and industry giants have made significant strides in adopting digital platforms to deliver a satisfying customer experience. Insurance companies must adjust their business models and strategies to remain competitive and take advantage of technology. Insurance companies are increasingly investing in IT and related technologies to improve customer experience and reduce operational costs. Innovation through new technologies is a key driver of change in the financial sector which is often accompanied by uncertainty and doubt. This book will play a pivotal role in risk management through fraud detection, regulatory compliances, and claim settlement leading to overall satisfaction of customers.
Author: Kiran Sood
Publisher: CRC Press
ISBN: 1003811507
Category : Computers
Languages : en
Pages : 372
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Book Description
This book is a unique guide to the disruptions, innovations, and opportunities that technology provides the insurance sector and acts as an academic/industry-specific guide for creating operational effectiveness, managing risk, improving financials, and retaining customers. It also contains the current philosophy and actionable strategies from a wide range of contributors who are experts on the topic. It logically explains why traditional ways of doing business will soon become irrelevant and therefore provides an alternative choice by embracing technology. Practitioners and students alike will find value in the support for understanding practical implications of how technology has brought innovation and modern methods to measure, control, and evaluation price risk in the insurance business. It will help insurers reduce operational costs, strengthen customer interactions, target potential customers to provide usage-based insurance, and optimize the overall business. Retailers and industry giants have made significant strides in adopting digital platforms to deliver a satisfying customer experience. Insurance companies must adjust their business models and strategies to remain competitive and take advantage of technology. Insurance companies are increasingly investing in IT and related technologies to improve customer experience and reduce operational costs. Innovation through new technologies is a key driver of change in the financial sector which is often accompanied by uncertainty and doubt. This book will play a pivotal role in risk management through fraud detection, regulatory compliances, and claim settlement leading to overall satisfaction of customers.
Author: Kiran Sood (Professor of business)
Publisher:
ISBN: 9781032630946
Category : Blockchains (Databases)
Languages : en
Pages : 0
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Book Description
This book is a unique guide to the disruptions, innovations, and opportunities that technology provides the insurance sector and acts as an academic/industry-specific guide for creating operational effectiveness, managing risk, improving financials, and retaining customers. It also contains the current philosophy and actionable strategies from a wide range of contributors who are experts on the topic. It logically explains why traditional ways of doing business will soon become irrelevant and therefore provides an alternative choice by embracing technology. Practitioners and students alike will find value in the support for understanding practical implications of how technology has brought innovation and modern methods to measure, control, and evaluation price risk in the insurance business. It will help insurers reduce operational costs, strengthen customer interactions, target potential customers to provide usage-based insurance, and optimize the overall business. Retailers and industry giants have made significant strides in adopting digital platforms to deliver a satisfying customer experience. Insurance companies must adjust their business models and strategies to remain competitive and take advantage of technology. Insurance companies are increasingly investing in IT and related technologies to improve customer experience and reduce operational costs. Innovation through new technologies is a key driver of change in the financial sector which is often accompanied by uncertainty and doubt. This book will play a pivotal role in risk management through fraud detection, regulatory compliances, and claim settlement leading to overall satisfaction of customers.
Author: Williams, Idongesit
Publisher: IGI Global
ISBN: 1799836347
Category : Computers
Languages : en
Pages : 228
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Book Description
Blockchain is a technology that transcends cryptocurrencies. There are other services in different sectors of the economy that can benefit from the trust and security that blockchains offer. For example, financial institutions are using blockchains for international money transfer, and in logistics, it has been used for supply chain management and tracking of goods. As more global companies and governments are experimenting and deploying blockchain solutions, it is necessary to compile knowledge on the best practices, strategies, and failures in order to create a better awareness of how blockchain could either support or add value to other services. Cross-Industry Use of Blockchain Technology and Opportunities for the Future provides emerging research highlighting the possibilities inherent in blockchain for different sectors of the economy and the added value blockchain can provide for the future of these different sectors. Featuring coverage on a broad range of topics such as data privacy, information sharing, and digital identity, this book is ideally designed for IT specialists, consultants, design engineers, cryptographers, service designers, researchers, academics, government officials, and industry professionals.
Author: Sonal Trivedi
Publisher: CRC Press
ISBN: 1040270425
Category : Computers
Languages : en
Pages : 238
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Book Description
This book aims to explore how to automate, innovate, design, and deploy emerging technologies in actuarial work transformations for the insurance and finance sector. It examines the role of artificial intelligence with process automation in daily monitoring of solvency, governance, compliance, data processes, etc. It also explores the usage of machine learning, telematics system, AI-enabled claim processing software, Big Data and Algorithms, Explainable AI, and AI-enabled risk management tools in various actuarial processes. This book: • Presents case studies and best practices with real-world examples of successful and unsuccessful actuarial work transformation initiatives and transformation with emerging technologies • Offers deployment solutions for different applications of AI in actuarial work • Discusses how organizations can effectively incorporate AI into their current practices of actuarial work • Covers diverse emerging technologies, practices, and processes of actuaries from around the globe • Elaborates upon a framework for comprehending how big data and AI developments may affect insurance offers and their supervision • Explains how insurance companies may review and modify their current Risk Management Framework (RMF) to take into account some of the significant differences while implementing AI use cases This reference book is for scholars, researchers and professionals interested in Artificial Intelligence and Actuarial Science.
Author: Simon Grima
Publisher: Emerald Group Publishing
ISBN: 1804555649
Category : Business & Economics
Languages : en
Pages : 287
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Book Description
With the rapid development of technologies, it becomes increasingly important for us to remain up-to-date on new and emerging technologies. This series, therefore, aims to deliver content on current and future technologies and how the young generation benefits from this.
Author: Sanjay Taneja
Publisher: Emerald Group Publishing
ISBN: 1836085826
Category : Business & Economics
Languages : en
Pages : 249
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Book Description
This collected edition provides a comprehensive and practical roadmap for insurers, data scientists, technologists, and insurance enthusiasts alike, to navigate the data-driven revolution that is sweeping the insurance landscape.
Author: Kukreti, Mohit
Publisher: IGI Global
ISBN:
Category : Medical
Languages : en
Pages : 676
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Book Description
The integration of smart technologies into healthcare systems is revolutionizing how medical services are delivered, enhancing the quality and accessibility of care. These innovations play a critical role in advancing global health. By leveraging technology, healthcare systems can address long-standing challenges such as inefficiencies, rising costs, and disparities in access. This transformation is not only driving better patient outcomes but also contributing to sustainable healthcare practices, aligning with global efforts to ensure well-being for all and support public health goals like the Sustainable Development Goals (SDGs). As the world faces ongoing public health challenges, the adoption of smart technologies in healthcare is becoming increasingly essential for building resilient and equitable healthcare systems. Driving Global Health and Sustainable Development Goals With Smart Technology explores the profound transformation of healthcare systems through the integration of smart technologies. It focuses on how these innovations are shaping healthcare delivery, enhancing patient outcomes, improving operational efficiency, and driving sustainability in alignment with the SDGs. Covering topics such as artificial intelligence (AI), health policy, and robotic process automation, this book is an excellent resource for healthcare practitioners and administrators, researchers, academicians, graduate and postgraduate students, technology and innovation experts, policymakers, government officials, and more.
Author: Sean Stein Smith
Publisher: Springer Nature
ISBN: 3031744039
Category :
Languages : en
Pages : 279
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Book Description
Author: Ozen, Ercan
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 504
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Book Description
Innovating sustainability through a digital circular economy represents a shift in the approach towards resource management and environmental impacts. This model emphasizes the use of resources by minimizing waste and maximizing product lifespan, facilitated by digital technologies such as the Internet of Things (IoT), blockchain, and big data analytics. By integrating these technologies, businesses can track the lifecycle of products, optimize supply chains, and create new business models that prioritize reuse and recycling. This approach reduces the strain on natural resources while fostering economic growth and resilience by creating value from waste materials. As organizations embrace a digital circular economy, they pave the way for sustainable practices and redefine the relationship between consumption and environmental stewardship. Innovating Sustainability Through Digital Circular Economy delves into the effects of a digital circular economy on sustainable development goals. It offers solutions that address issues of waste management, resource recovery, and economic development. This book covers topics such as digital technology, policymaking, and sustainable development, and is a useful resource for economists, environmental scientists, computer engineers, business owners, academicians, and researchers.
