The Insurance marketplace today is flooded with the latest technologies influenced by IoT and data analytics. This has brought to the insurance ecosystem-change in operating and business models of insurers, creating new InsurTech partnerships through disaggregation in insurance value chain. Leveraging innovative technologies such as big data, mobile, social networking, telematics, SOA, insurance companies are able to build business strategies for meeting customer demands.
Insurance acts as a protective coverage against uncertainties and risks, be it securing life, automobile, business or assets. Further, digitalization has made it possible for insurance companies to directly communicate with the consumers and also bring services at their fingertips using mobile applications. Similarly, augmented reality and AI is becoming a viable option for marketing and training processes. These technological advancements have created new opportunities and leading insurance providers are developing newer technologies that complement the evolving landscape.
With a multitude of solutions in the market that can simplify operations for the insurance companies, CIO Applications showcases the front runners in its annual edition on insurance technology solution providers. CEO’s, CIO’s, analysts and the CIO Applications editorial team has evaluated firms with a proven record in successfully assisting enterprises with robust insurance solutions. The companies featured here fulfil the need for cost-effective and flexible solutions that add value to the complex insurance landscape. The current edition of CIO Applications thus brings to you, "Top 25 Insurance Technology Companies 2017".