Claims are the only product insurance carries and its faster settlement is one of the best ways to improve customer trust. Thanks #irdai for putting this on high priority, maybe a weekly/fortnightly tracking of all the claim's status and their progress/s…lnkd.in/gw9_qph5

The real product market fit (PMF) which most startups tends to ignore. Often this takes backseat amid excessive focus on TAM, exaggerated projections, matrix chasing and rush to acquire customers at any cost and any how. #insurtech #insurance #startup…lnkd.in/gpFtuN3U

Pushpaal Roy (PR) is just another fall guy, he will be portrayed as an exception in the so called customer centric culture (extremely distribution centric in every manner) of the insurance industry and its bancassurance channels. What no one talked about…lnkd.in/d6SMESAn

#startups #productmarketfit #founders #insurtech #fintech #fundingsuccess lnkd.in/gbs_q2Gh

U.S. insurers have paid more than their counterparts worldwide to repair and rebuild damaged properties and vehicles due to inflation since 2018, according to an executive briefing conducted on behalf of the International Insurance…lnkd.in/g9XYKtwk lnkd.in/gDBxVAkZ

Artificial intelligence (AI) technology and deep fakes are becoming the latest surge behind phishing scams, as they are creating new opportunities for criminals. A combination of voices and writing styles are being mimicked to lo…lnkd.in/gdKV5Q85 lnkd.in/gndTattm

Successful organisations, like humans, have a birth, a growth phase, a maturity period and eventually; a terminal decline. Business strategists have traditionally focussed on external disruptions as the principle reason for the c…lnkd.in/ga2AtXuc lnkd.in/g9jk-ypy

#startups #founders #insurtech #insurance #customerinsights lnkd.in/gywHvCv2

As we hear the relentless pitches for AI, and how it will change our live and affect our investments, there are lessons, to draw on, from the other big changes that we have seen over our lifetime. Aswath Damodaran #aiadoption #a…lnkd.in/gm-FBFjW lnkd.in/gixz9Udp

Insurers and industry stakeholders are urged to focus on reserve adequacy and carefully monitor the evolving situation. The ongoing uncertainties surrounding legacy business and the need for additional premiums to cover potential i…lnkd.in/g79HfNnK lnkd.in/gihWAWwN

Aligning people's and machines' values to achieve desired outcomes is crucial to success in both areas for any organization in a rapidly changing environment. "Culture Alignment" is such a crucial issue for the carriers and the entire insurance industry…lnkd.in/gki9XtNV

UBI/PAYD/Telematics was intended to be the wave of the future, but they have yet to create a more profound impact. Premium discounts/savings are a misnomer in an emerging insurance market like India, unlike markets where motor ins…lnkd.in/g7ZB8B4z lnkd.in/gfgM-V6j

The Corvus Risk Navigator platform, built from close collaboration between Corvus’s underwriting and security teams, places real-time suggestions into the underwriting workflow based on a matrix of data including firmographics, thr…lnkd.in/gpeQiw_T lnkd.in/g6hPQA7j

Neither insurance nor reinsurance alone can absorb the whole bunch of risks, especially talking about risks that may not be modelled, but also not be transferred. Un/announced and ongoing Cyber war, for example. It is a catastroph…lnkd.in/gBYTWuHN lnkd.in/gkqpnM_p

The core insurance system of the future will approach claims in a way that it will enable insurers to operationalize unused data assets, including digital signatures, social media foot prints, catastrophe models and cyber security scans, to address issues…lnkd.in/gYBidFJt

Commercial lines insurers must adopt data-first and API-first strategies. Brokers and UW need to be able to easily and efficiently exchange data between their systems and electronic placing platform to reduce potential errors and m…lnkd.in/g6YQEETZ lnkd.in/ghQJsEmH

I am looking for references and cues if someone has experimented with designing and operationalizing insurance products/solutions inspired by Adrian Bejan's constructal law. #Insurance #Insurtech #productdesign #customerneeds #customerexperience #productmanagment

The opportunity to create a specific AI risk product is one that can have a significant impact on the overall adoption of AI by businesses and consumers alike. This market is poised to evolve quickly. Insurers who can form partn…lnkd.in/gn8aWhUj lnkd.in/gizfB_XW

toi.in/kO5TWY17/a24gk (TOI story) Dear @BBMPofficial , the road highlighted in this TOI story requires urgent attention. It serves as a lifeline for over 5,000 families and an equal number of young professionals living in PG in this area. On a regular day, covering this

Hey Grok who visits my time line regularly. Give in descending order just names without tagging handle