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LONDON, UK: Insurance Nexus are developing a comprehensive report into the state of play of connected claims and the technologies currently transforming the insurance business. As a precursor to this, they are holding a survey of global insurance professionals to gauge their thoughts, opinions and predictions on the current state of the industry.

The report will contain full statistics from the survey, as well as exclusive business cases exploring computer vision, straight-through-processing and

Your choice should be wise while choosing your business category whether Proprietorship, a Partnership or a corporation. Every kind of activity you are engaged in have some specific advantages and disadvantages. Your home-based business involves choosing the legal structure such as Sole proprietorship, Partnership or Corporation. Apart from the government reporting and tax purposes, choosing a business wisely can enable your business to operate more efficiently. As each legal firm has its own un

Bedtime data stories are telling stories about data with data.

Have you ever asked yourself, “Why bedtime stories?”. Maybe you grew up with them and you have kept up the tradition. Maybe you understand they are good for your child’s development, in particular their vocabulary, comprehension and the development of their creative brains. If so, you would be right as evidenced in this research published in the journal Pediatrics.

However, there is more to it than their personal development. You are a

Lois Riess is a woman from Minnesota who police say shot her husband, went on the run, and then killed a woman in order to take on her identity. Here are some shocking facts about her:

Riess Looked Like her Victim

The woman Lois Riess killed, Pamela Hutchinson, looked like her. This is why Pamela lost her life. When the body was found, police said her ID, credit cards, cash, and car was gone. Police put out an arrest warrant for Riess, and then started hunting for her. Police say the women did not

Of course, we all wait eagerly for the budget every year. Most of the time it brings a big smile to our face or sometimes it takes our anxieties to the toughest level. Some new laws have been introduced in the last year budget. Section 194-IB is the example of such debutante. Earlier, there was only one section that has brought the rent under the umbrella of TDS and it was section 194-I. Now, the most wondering thing is why would section 194-IB brought in when section 194-I was already there. Th

via Uncertainty

Have you ever experienced uncertainty? I think most of us have, except those lucky souls who can control/manage future through quantifying mathematical equations, generally referred as risk managers. Uncertainty is a state of being unpredictable, volatile, stressful, random, disorderly, unstable, summing up into everything which moves us away from our comfortable state of thinking linearly. It’s not just absurd, but devastating to think you can predict events using perfect market

One of the biggest companies in the world, Proctor & Gamble, thought that they could trademark common millennial internet lingoes such as LOL, WTF, and FML. Apparently, the brand thought this would help attract young customers and help the brand restore its lost market share. As bizarre as the marketing strategy sounds, it’s a debate for another day. However, this does raise an interesting question of whether brands can trademark commonly used phrases and words.

Does Apple ring a bell? The techno

Have you ever used Facebook to sign onto another site? Many of us do this pretty blindly simply because it is very convenient. But, this convenience could come at a cost.

You know the drill. You go to a website and it says “Log In With Facebook.” or Google. Usually, it just takes a couple of clicks and no logging in with other usernames or passwords. However, when you do this, Facebook essentially becomes your online identity. This means that anyone who knows these credentials have access to your

Those of you that know your maths know that an S-Curve can have an exponential portion to its curve but it can’t BE an exponential curve. However, I recently came across a diagram showing a series of S-curves overlaying an exponential curve which to me portrayed something very different to seeing either in isolation. It was in this post by Tim Urban The AI Revolution: The Road to Superintelligence.

CHICAGO: After receiving an unprecedented number of nominations from across the insurance industry, the finalists of the Insurance Innovation Awards 2018 have been revealed, Insurance Nexus have announced.

As recent research conducted by Insurance Nexus demonstrates, insurance is undergoing dramatic and industry-wide transformation. 96% of the (over 500) senior executives interviewed agreed with the statement that “carriers must transform their operations significantly to meet the needs of custo

Fall from Grace

In case no one noticed, Stock markets in India have been painted red with the incessant bleeding of the Indian Rupee. Latest figures show the Rupee plummeting to new lows every hour with the latest being at Rs. 72.97 for 1 dollar, the Indian currency has been labeled the worst performing of all Asian countries. Gas prices have been skyrocketing with 82 Rs. for 1 liter of gasoline which has also contributed to the near 'crash ' that the currency is facing. We didn't even notice the

You have a mobile phone, you might think it’s pretty safe, but what you might not realize is that these devices can have spyware on them. Keep in mind, many of the “signs” listed below are everyday normal phone behaviors. But combined, might mean spyware. Here are some of the signs:

Unusual Background Noise

While common, humming, static, or other weird noises could be a sign that someone is tapping your line. Though all phones might have strange noises from time to time, you should check if there

In the times when the productivity is led by the technology, the finance has also benefited of the advances of the technology. At the present day, there is never-ending changes and improvements in financial technology, and there is a trend of many changes within a short time for the financial  structure. The Superior Cash is gradually becoming a reality from the imagination, which is overthrowing the ecology of traditional payment and leading the trend of capital flow in the world.

Financial tec

With the auto insurance industry currently experiencing its most seismic shift since it began more than 100 years ago, we had the opportunity to speak with Aparajithan Rajendran, Solutions Architect for Next Generation Telematics at Honda to gain insights on the best methods for operationalizing data to increase tactical level solutions, establishing a UBI program, the future of car insurance, and much more.

Advice for Automotive Professionals: Estabilishing a UBI Program

"Well, there are two side

Nothing can beat Excel as a multi-purpose user interface medium. It is then only natural to want to analyze the performance of your stock portfolio in Excel, as that would enable you to devise and apply your own custom metrics.

But in order to monitor your portfolio metrics in real time, you would need to get the required market data in real time as well. You may think that getting true real time prices is only available to expensive broker applications. This is generally not true! Several exchan

There are data miners and then there is data mindset. The former are the people and/or their tools that do the digging through the numbers. The latter is about a whole lot more. 

Last week I blogged about how to help people believe the numbers. This week I am going a big step further talking about four different types of data mindsets and the implications for decision making in an organisation (see figure).   

                                                                                 Data Mi

Where should you live in the world? What Game of Thrones family are you in? What is the food that best describes your personality? All of these answers are given and found by doing quizzes on Facebook. You have surely seen them if you use Facebook, and have may have taken these quizzes, but you definitely might want to consider stopping. If you have ever used one of these quizzes, you have probably given these third-party apps permission to access some of your personal data. Not only does this a

Of course, the Stock market’s high and down can be a frustrating moment for new investors but it does not mean that we should take it as a gambling. If we invest without proper knowledge and advice in Equity mutual funds or the stock market, it may sometimes convert into gambling where we will be in a fix what to do and what not to do. Logically, one must take advice from the expert fund Manager to tackle your funds in the stock market. They collect money from the investors and invest in stocks.