The Application Of Emerging Technology And Blockchain In The Insurance Industry
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The Application Of Emerging Technology And Blockchain In The Insurance Industry
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Author : Kiran Sood
language : en
Publisher: CRC Press
Release Date : 2024-02-20
The Application Of Emerging Technology And Blockchain In The Insurance Industry written by Kiran Sood and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-20 with Computers categories.
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.
The Application Of Emerging Technology And Blockchain In The Insurance Industry
DOWNLOAD
Author : Kiran Sood
language : en
Publisher: CRC Press
Release Date : 2024-02-20
The Application Of Emerging Technology And Blockchain In The Insurance Industry written by Kiran Sood and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-20 with Computers categories.
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.
Application Of Emerging Technology And Blockchain In The Insurance Industry
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Author : Kiran Sood (Professor of business)
language : en
Publisher:
Release Date : 2023
Application Of Emerging Technology And Blockchain In The Insurance Industry written by Kiran Sood (Professor of business) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with Blockchains (Databases) categories.
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.
Data Alchemy In The Insurance Industry
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Author : Sanjay Taneja
language : en
Publisher: Emerald Group Publishing
Release Date : 2024-11-21
Data Alchemy In The Insurance Industry written by Sanjay Taneja and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-21 with Business & Economics categories.
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.
Artificial Intelligence And Actuarial Science
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Author : Sonal Trivedi
language : en
Publisher: CRC Press
Release Date : 2024-12-27
Artificial Intelligence And Actuarial Science written by Sonal Trivedi and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-27 with Computers categories.
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.
Contemporary Studies Of Risks In Emerging Technology
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Author : Simon Grima
language : en
Publisher: Emerald Group Publishing
Release Date : 2023-05-10
Contemporary Studies Of Risks In Emerging Technology written by Simon Grima and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-10 with Business & Economics categories.
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.
Transforming The Service Sector With New Technology
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Author : Rana, Varinder Singh
language : en
Publisher: IGI Global
Release Date : 2025-05-07
Transforming The Service Sector With New Technology written by Rana, Varinder Singh and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-05-07 with Business & Economics categories.
Technology can impact the service sector in a variety of ways. It can be used to transform a number of service-related businesses, including hospitality, tourism, banking, healthcare, and others. Businesses navigating the rapidly changing landscape of services and technology can benefit from it by using emerging technology to create new services or improve existing ones. With the rapid rise in technology, the regulatory landscape is changing, requiring additional changes to ensure responsible innovation and protect consumers' interests. Transforming the Service Sector with New Technology strives to stimulate innovation, aid in strategic decision-making, and benefit service industries as a whole. It provides valuable information about how technology is impacting and transforming the services sector and insights in responsibly regulating it. Covering topics such as customer engagement, recovery strategies, and technology-driven product placement, this book is an excellent resource for industry decision makers, Industrialists, hospitality professionals, entrepreneurs, policymakers, scholars, academicians, professionals, and more.
Driving Global Health And Sustainable Development Goals With Smart Technology
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Author : Kukreti, Mohit
language : en
Publisher: IGI Global
Release Date : 2024-12-11
Driving Global Health And Sustainable Development Goals With Smart Technology written by Kukreti, Mohit and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-11 with Medical categories.
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.
Innovating Sustainability Through Digital Circular Economy
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Author : Ozen, Ercan
language : en
Publisher: IGI Global
Release Date : 2024-12-02
Innovating Sustainability Through Digital Circular Economy written by Ozen, Ercan and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-02 with Business & Economics categories.
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.
Artificial Intelligence
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Author : Marco Antonio Aceves-Fernandez
language : en
Publisher: BoD – Books on Demand
Release Date : 2018-06-27
Artificial Intelligence written by Marco Antonio Aceves-Fernandez and has been published by BoD – Books on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-27 with Computers categories.
Artificial intelligence (AI) is taking an increasingly important role in our society. From cars, smartphones, airplanes, consumer applications, and even medical equipment, the impact of AI is changing the world around us. The ability of machines to demonstrate advanced cognitive skills in taking decisions, learn and perceive the environment, predict certain behavior, and process written or spoken languages, among other skills, makes this discipline of paramount importance in today's world. Although AI is changing the world for the better in many applications, it also comes with its challenges. This book encompasses many applications as well as new techniques, challenges, and opportunities in this fascinating area.