For insurance companies, balancing customer expectations with the rigorous requirements necessary to mitigate risks poses a challenge. Especially when you’re using manual underwriting processes. By turning to artificial intelligence (AI) in insurance underwriting, you avoid costly delays, streamline your employees’ processes, improve accuracy, and create an optimal customer experience. In this blog post, you’ll learn how AI facilitates greater efficiency in underwriting.

Privacy is no longer a growing requirement for doing business — it's the new status quo. The stakes for not protecting it have only intensified. Consumers have been demanding greater control and privacy over their data for years, and now vast numbers are taking action to protect it, turning off tracking, using cookieless environments and relying on ad blockers at rapidly increasing rates.

Businesses face an ever-growing challenge: how to protect and manage their most valuable asset – their data. As organizations scale and digital transformation accelerates, the volume generated daily is staggering. IDC predicts that the global datasphere will grow to 175 zettabytes by 2025, requiring a substantial increase in storage capacity across the industry.

With the globe becoming more and more digitally linked, mobile applications are becoming an essential part of our everyday life. We use smartphone applications for a wide range of purposes, from healthcare and education to banking and shopping. It's important to understand, though, that not everyone uses these applications in the same manner.

According to Gartner, ‘By 2026, the market for software that enables hyper-automation will reach nearly $1.04 trillion, with a CAGR of 11.9%. Demand for hyper-automation is driven by a strong need for digital transformation due to talent shortages, increasing economic pressures, and competitive challenges.’

What if a single software glitch could cost your company millions? In today’s digital world, that’s not just a possibility – it’s reality. As businesses double down on digital-first strategies, software powers everything from critical infrastructure to day-to-day consumer experiences. Even minor bugs can cause massive disruptions, halt business operations, and compromise customer trust. The margin for error has never been smaller.