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virtual reality insurance

How can insurance firms grab the AR and VR opportunity?

It’s thought that augmented reality (AR) and virtual reality (VR) are expected to become multi-billion dollar industries. In turn KPMG estimates risks arising from AR and VR could result in annual net losses of around US$20 billion, presenting a new growth opportunity insurance.   So what is augmented reality (AR)?  Oxford Dictionaries defines AR as a technology that superimposes a computer-generated image on a user’s view of the real world, thus providing …

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accept bitcoin as payment

Which insurance companies accept Bitcoin for premiums and claim payments?

Cryptocurrencies such as Bitcoin are a very hot topic these days. While buying and selling cryptos is becoming increasingly mainstream, the opportunities to spend digital currencies are somewhat limited in comparison because its price is volatile.  There are, however, a growing number of companies across a wide range of industries who are embracing cryptocurrencies. They let customers use them as an official method of payment for …

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artificial intelligence for insurance

How can insurance companies prepare for rapid AI-related changes?

Deep learning (DL) tools like convolutional neural networks which contain millions of simulated neurons structured in layers enable artificial intelligence (AI) to imitate the learning, reasoning, perception and problem solving of the human brain.  This technological change is revolutionizing every dimension of the insurance industry. While insurers, suppliers, insurance brokers and consumers are getting better at implementing DL and AI tools for the improvement …

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blockchain technology insurance

Why is blockchain important for the insurance industry?

Blockchain is a new technology that has swiftly become an obsessive interest in the financial services industry because it enables disintermediation, improved reconciliation of data and the efficient transformation of business models.  The insurance industry is uniquely positioned to benefit from blockchain technology which can help deliver on key digital opportunities to cut costs, increase efficiency, enhance customer experience, and improve data quality, collection and analytics. Through innovation, insurance companies can grow market share, gain competitive …

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Indonesia Public Holidays 2021

Public Holidays Indonesia 2021

Indonesia Public Holidays 2021 Here we compile you with a list of official public holidays for Indonesia in 2021 with reference to the government of Republic of Indonesia.   Date  Day  Public Holiday  1-Jan  Friday  New Year’s Day  12-Feb  Friday  Chinese New Year  11-Mar  Thursday  Isra Mi’raj  12-Mar  Friday  Isra Mi’raj Holiday  14-Mar  Sunday  Bali Hindu New Year  2-Apr  Friday  Good Friday  1-May  Saturday  Labour Day  …

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Thailand Public Holidays 2021

Thailand Public Holidays 2021

Public Holidays Thailand 2021 The Bank of Thailand have officially announced public holidays for Thailand in 2021. So here we have put together the list of The Land of Smiles’ public holidays 2021 for you.   The 2021 public holiday dates and information will be updated if there are announcements of official changes from the Thai government.  Date  Day  Public Holiday  1-Jan  Friday  New Year’s Day  26-Feb  Friday  …

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Singapore Public Holidays 2021

Singapore Public Holidays 2021

In accordance with Singapore’s Ministry of Manpower, here we have listed all public holidays for Singapore in 2021.   We research and update our public holiday dates and information on a continuous basis while official changes are announced. So please check back regularly for the latest updates.   Date  Day  Public Holiday  1-Jan  Friday  New Year’s Day  12-Feb  Friday  Chinese New Year  …

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Hong Kong Public Holidays 2021

2021 Public Holidays Hong Kong  We all love public holidays and to help you navigate your way through 2021 we have listed all of the observed public holidays in Hong Kong for the year.   Date  Day  Public Holiday  1 Jan  Friday  New Year’s Day  12 Feb  Friday  Lunar New Year’s Day  13 Feb  Saturday  The Second Day of Lunar New Year  15 Feb  Monday  The Fourth …

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