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To win the customer’s heart, insurers cannot afford to lag behind on customer-focused innovation. Throughout the claims journey they must deliver interactive, personalised experiences. Whilst there are many barriers to implementing AI and analytics effectively to drive results across customer service and claims, it is essential for winning and retaining customers in the future.

Insurance Nexus is hosting a live webinar on the 26^th June which poses fundamental questions to two leading insurers on

The mass flow controller industry has gained recent prominence owing to its capability of controlling the flow rate of a gas according to a set flow rate sent as an electric signal. The device doesn’t get affected by use conditions or fluctuations in gas pressure. Volumetric flow measurement can be influenced by ambient temperature and pressure. Rising penetration of IoT is escalating the demand for smart flow rate measurement solutions, which in turn is boosting the demand for intelligent flow

Last week I wrote about why risk management has been failing in many organisations. The reason I gave was because risk functions often don’t deliver much value to the business served. The root cause, risk professionals often overcomplicate things and business leaders switch off and assume the “talk to the hand” pose.

So, the obvious answer to the question of what should your risk function deliver in the 2020s is value. “What value?” is a fair question to ask.

Consider the diagram below showing Ris

In this era of rapid change only organizations that are evolving and continuously learning can flourish. Successful organizations discover how to tap their people’s commitment and capacity to learn at all levels.

A Learning Organization is a place where people continually expand their capacity to create the results they truly desire, where new ideas and thinking are nurtured, and where people are continually learning to see the whole together. A Learning Organization is established on the princip

You have probably heard of password managers, and you probably think they are pretty safe, right? Well, there is new research out there that may might make you think twice, especially if you use password managers like KeePass, 1Password, Lastpass, or Dashlane. Frankly, I’m not worried about it, but read on.

Specifically, this study looked at the instances of passwords leaking from a host compute or focused on if these password managers were accidently leaving passwords in the computer’s memory.

Wh

Ahead of this year’s Connected Claims Europe Summit (September 18th & 19th, Amsterdam), Insurance Nexus spoke to global thought leaders working in Claims (from AXA Insurance, American Modern Insurance Group, Zurich and more), to understand how they are preparing to meet exceptionally high customer expectations.

The report, The Future of Customer-Led, Technology-Driven Claims, explores how advances in technology, from artificial intelligence to drones and mobile communications methods, are enablin

Implementing a risk management process into an organization is important role for any organization. For having a successful risk management framework, you don’t need to be substantial to be effective, but it just needs to investment of time, money and energy. Good risk management doesn’t have to be effective resourceful, but it needs to have good synchronization and bonding with other departments, formalization and structured to be successful and rewarding risk management for an organization. Th

A large majority of organizations rarely focus on gathering and utilizing customer-centric knowledge. So much so that they even introduce a product without having vital insights on the customer and their unmet needs, and they are often clueless about them. Consequently, many product development initiatives fall flat as managers struggle to filter and evaluate ideas.

Most organizations, today, are developing initiatives around Customer Experience Strategy and Customer Journey Mapping. Customer-cen

If you want to lose weight or just stay in good shape, you can find plenty of information about food, different diets, and healthy recipes. Food is very important. Even if you workout scrupulously, without a proper diet you won’t lose either weight nor fat.

Besides calories, the balance of carbohydrates, fats, and proteins, there is one more important point that’s often mentioned. It’s the glycemic index of the food you consume. This may sound like something that concerns only people who have dia

Much discussed, yet often misunderstood, it’s clear that Artificial Intelligence is set to dominate the global Insurance sector for the foreseeable future – and Canada is no different. Despite being a somewhat nascent discipline within insurance, progress in silicon centres across the nation mean carriers recognize the potential of AI to cut costs, improve the customer experience and generate sustainable long-term growth.

Although currently centred around Toronto and Montreal, new government and

Health concerns associated with the geriatric population and the growing amount of high blood sugar levels have swayed the increased adoption of artificial sweeteners as a sugar substitute. According to one of the leading market research domains, KBV Research, this increased adoption would escalate the growth of the global market of Diabetic Food over the analysis period. The industry for diabetic food is expected to mount high up to $14 Billion worth with a budding CAGR of 5.6%.

The global rate

While there continues to be man-made catastrophes and Royal Commissions into the operation of industries such as finance and aged care, one must conclude that risk management has failed in many organisations. The banks and insurance companies were not bereft of resources focussed on risk and compliance. Unfortunately, their efforts had limited impact. 

There are many reasons that risk management is not strong and prevalent across the business landscape. The oldest and most entrenched reason is be

Blockchain technology poses a great opportunity for supply chain in the automotive industry. The technology can improve the process and make it more efficient and profitable. Blockchain-enabled platforms enable easy coordination of documents on a shared network making physical paperwork largely unnecessary. To overcome the problem of counterfeiting, recall of vehicle, and lack of transparency, among others, automotive OEMs are currently integrating blockchain with supply chain.

Another promising

Nain Holidays is a complete Travel Company located at New Delhi having a team who ensures with their knowledge & experience, to make each and every trip memorable for our esteemed guests. We helps you in planning the best holiday & well knowledgeable to customize the program, you would feel very comfortable while be dealing with us. We are located in New Delhi and well connected with all the cities of India through our strong network of associates in different cities.

International travel destina

Organizations need to persistently improve the way they do business to stay ahead of the curve. New ideas trigger organizational improvement and build the foundation of a Learning Organization.

Scholars have defined a Learning Organization in many different ways. Some suggest it as an organization skilled at creating, acquiring, and transferring knowledge, and at modifying its behavior to reflect new knowledge and insights. Marlene Fiol and Marjorie A. Lyles describe organizational learning as “t

Medical cannabis is increasingly becoming a popular alternative to traditional pain-relieving medications by demonstrating huge potential to provide various pain symptoms raging from being acute to chronic. The analgesic properties of cannabis help to ease pain resulting from nerve damage and inflammation and are also proven to be useful for inflammatory pain in arthritis patients and pain associated with severe illnesses like cancer and AIDS. Other than pain management, notable medical applicat

Diabetes is one of the major health ailment that is growing speedily within the world’s population. Thus, the espousal of smart insulin pens is crucial for safe and effective administration of insulin to diabetic patients. The major determinant pushing the development of diabetic treatment approaches are the growing diabetic population, low-cost insulin pumps, and painless injections. Smart insulin pens can be conveniently used by people with visual or motor skills deficiencies.

Smart insulin pen

In a recent poll, LogicManager found that among 78 senior executives, 70% believed their organization’s goals would be impacted by a recession and yet nearly sixty percent either did not have a plan or were unsure if a change management plan was in place to prepare.

Adequately preparing for change happening within and outside of a company is not a new goal. Yet many companies struggle with achieving it. So here’s something new: by incorporating change management into your enterprise risk manageme

WTH Facebook? Generally, I don’t have a problem giving out my SSN. That might seem contrary to the advice I give, but frankly, our SSNs are everywhere and if my insurance company needs it, I’ll generally just question them on it, maybe resist a bit, and if they insist, and I need that insurance policy, I’ll cough it up.

My identity in regards to “new account fraud” is protected via a credit freeze and I also have identity theft protection in place. So between the two, I’m pretty locked down. This