IBM Staff

Why the world should watch a German non-profit insurer

While health insurance is typically viewed through a local lens, now is a good time to pay attention to what is happening in global markets.  Techniker Krankenkasse (TK) is the largest public health insurance fund in Germany. Their digitalization strategy could provide a test pattern for how insurers globally will provide more control and transparency […]

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Leading insurers capitalize on the expanding drone market

Seven million small drones, also known as unmanned aerial vehicles (UAVs), could fill the sky by 2020 and as many as 2.7 million of them will be used for commercial purposes according to the Federal Aviation Administration (FAA). Industries ranging from agriculture to infrastructure are now implementing drones in an array of applications and methods […]

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Dig|In 2018: Digital transformation starts and ends with the customer

The Digital Future of Insurance Conference, otherwise known as Dig|In, held in Austin, Texas from May 14-16 addressed many tough issues facing the industry. With session topics such as “Is UBI Dead?”, and “Is the Industry Ready for Touchless Claims?”, the largest technology conference in the insurance industry focused on the issues and trends that […]

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Four technology changes help insurers become true risk partners

Mark McLaughlin, Global Insurance Director at IBM, was interviewed by A.M. BestTV at the Meeting of Reinsurance Officials 2018 in Montreal. A.M. BestTV delivers A.M. Best’s coverage of the insurance industry in a television-quality format. In this interview with John Weber of Best TV, Mark describes how insurers and insureds benefit from four main changes […]

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Groupama and IBM find opportunity through disruption

As an insurance provider, you are most likely seeing your industry change drastically around you. Your clients look for a level of stability and constancy in their providers and disruption and change are not always a welcomed or embraced. With or without an industry consensus, the insurance landscape is going through some fundamental changes. Technology, […]

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Disrupting the disruptors: Are incumbents winning the battle?

Finding reliable and trustworthy business intelligence can be a challenge. Business leaders are often tasked with making critical technology decisions that can affect an entire organization. Informed, data-driven choices based on real-world experiences and facts gleaned from peers are central to gathering the market intelligence to act with speed and confidence. As a source of insight […]

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IBM Insurance Platform and Majesco

The announcement last fall of the groundbreaking IBM Insurance platform, developed by both MetLife and Majesco, put the insurance industry on notice. At IBM Think 2018, Noel Garry, IBM Global Offering Manager for Insurance Platforms, with Ed Ossie, Chief Operating Officer at Majesco, explained to a full breakout session audience how IBM and Majesco, together, […]

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5 Things an insurer shouldn’t miss at IBM Think 2018

The outlook for the insurance industry in 2018 is what many of us know already. The disruptive influence of FinTech has expanded beyond the world of finance and has entered the insurance landscape. The marriage of insurance, technology and data & analytics, or InsurTech, has created a boon for technology companies’ insurance products and services. […]

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Fighting insurance fraud with AI – An expert discussion

Fraudulent claims in the insurance industry have steadily grown to be the single largest expense to property and casualty insurers, taking up to 10% of an insurer’s revenue. In the UK, detected fraud is estimated to be more than £1 billion annually, with undetected fraud adding in excess of £2 billion (Marketforce General insurance report […]

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IBM partners with MetLife and Majesco on data driven insurance platform

The IBM Insurance Platform, a collaboration between IBM, MetLife and Majesco, is a breakthrough in the insurance industry that can pave the way for product innovation, and new levels of personalized customer service while achieving lowering operating costs to the insurer. The combination of artificial intelligence, cognitive computing and cloud technology enables insurers to get […]

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