Insurance companies are going digital and how! The adoption of digital technology is one of the toughest challenges the insurance sector has faced in recent times. Digital strategies have transformed the consumer behavior and are driving insurance executives to reassess their present business model. It is time now, to make the digital agenda our priority and face the challenges ahead.

The challenge The most important thing we have to keep in mind is that the insurance sector is already filled up with a lot of complex mechanisms and practices. During…

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4 industries that use the algorithmic business model successfully A company that is built around smart algorithms that define its processes and deliver customer services is an algorithmic business. Unlike big data, algorithms define action and have real value. Dynamic algorithms are at the core of the future digital business.

There are organizations that generate massive amounts of data, analyse them and then leave the decision making to humans. Then there are organizations that use algorithms that operate independent of…

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