Lenovo a Chinese company, founded in 1984 with headquarters in Beijing. It has got a diversified portfolio. It acquired IBM’s personal computer business in 2005. In 2002 Lenovo entered the smartphone market and as of 2014, it is the largest vendor of smartphones in Mainland China. Another big entry in its portfolio is one of … Read more
The development the insurance industry Many industries have undergone digital transformations in recent years. However, the risk-averse insurance industry remains curious about this development. In fact, the industry is playing catch-up with many other companies primarily because of its reliance on legacy systems that are difficult to ditch. Regardless, insurance has made some strides … Read more
Where is the insurance industry currently? How can companies meet the complex challenges? Christa Janhsen, industry expert and partner at Deloitte Austria, knows the answers to questions about insurance. Between stability and change: What issues concern the domestic insurance industry? The active protection of the insured community and the systemic relevance of insurance … Read more
What is Insurance Tech? InsurTech is a combination of the English terms insurance and technology . The term describes new technologies or technological systems that are used in the insurance industry. At the same time, InsurTechs or InsurTech startups include companies with alternative and novel business models. Classic insurance knowledge is combined with innovative technologies … Read more
Why insurtech? Generally speaking, insurtech refers to the application of new technologies to improve the quality of services provided by insurance companies or insurance intermediaries to customers or policyholders , and to make purchasing policies and handling insurance -related matters more convenient . Here are some examples of applying insurtech : Sell and purchase insurance … Read more
Innovation in the insurance industry We explore the trends in insurance – and how business models and mindsets should change to be ready for NextWave. We live in a transformative age, an age of change. Traditional business models in the insurance industry are being challenged by new ways of thinking, new competitors, new ways of … Read more
Digital transformation occurs when organizations integrate digital technologies into all of their operations. This process allows companies to adapt and compete by responding to changing markets and providing better customer service. Digital transformation is a key component of the overall business transformation strategy and, along with other factors, is critical to the success or failure … Read more
“Insuretech” is gaining attention as an approach that is revolutionizing the insurance industry by utilizing the latest technology. “Insurtech” and the latest startup information from around the world. We have divided Insurtech-related categories, and will introduce representative startups and case studies in each field. What is InsurTech? Market and investment trends: Potential to “change” … Read more
In an era defined by rapid technological advancement, few sectors have remained untouched by the transformative power of innovation. The insurance industry, traditionally seen as a bastion of conservatism and slow adaptation, is now undergoing a seismic shift thanks to the rise of insurtech. This burgeoning field, a fusion of “insurance” and “technology,” is redefining how … Read more
processes, and traditional business models. However, the rapid advancement of technology is revolutionizing this sector, making it more efficient, customer-friendly, and data-driven. Digitalization is not just a trend—it is a necessity for insurers to remain competitive in today’s fast-evolving market. In this article, we explore how digitalization is transforming the insurance industry and the key … Read more