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Health Economics Part II – Insurance

Tom Spencer

In this post, I will go beyond a general interpretation of demand and give you an in-depth overview of a specific and expensive issue: the rising cost of public liability insurance. Public liability insurance (PLI) is an interesting and important topic because its costs are far-ranging and complex.

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New Technologies in the Insurance Landscape (Part 3 – Cloud)

Tom Spencer

For this reason, any reticence the insurance industry showed early on has been replaced with a holistic embrace of trusted cloud platforms. Cloud in the Insurance Sector. Implementing cloud technology into the insurance industry is a positive step towards building a digital insurance landscape. Final Note.

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The Cyber Insurance Market Needs More Money

Harvard Business

Securities could help give insurers the breathing room they need to keep growing — and meet customers’ mounting needs.

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New Technologies in the Insurance Landscape (Part 1 – Artificial Intelligence)

Tom Spencer

Digital disruption is touching every aspect of the consumer market, including the insurance industry. Traditionally, the insurance industry has lagged behind other sectors in the shift into digital technologies, its business model proving to be remarkably resilient. Artificial Intelligence.

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Generating Value While Transforming Insurers’ Legacy Technology

BCG

For insurers that are considering a digital transformation of their business, technology is at the heart of the endeavor. Forward-looking insurers first need to alter their approach. See, for example, “Digitizing Customer Journeys and the New Insurance IT Model,” BCG article, August 2016.) Article Thursday, December 08, 2016.

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Obamacare Design Objective - Force those with insurance onto the exchange

Consultant Ninja

The individual market health care exchanges are set up to, in part, enable the the (non-medicaid) poor, sick, and uninsured to get affordable insurance. But for this risk pool to work, you need a bunch of people who can pay insurance and aren''t that sick. Namely, the 10-15M people who are paying for individual plans today.

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Building a Digital Technology Foundation in Insurance

BCG

Insurers today face a host of digital to-dos if they want to stay competitive—much less gain an advantage on their peers. It can also necessitate a fundamental overhaul of core insurance systems to digitize end-to-end customer journeys and automate decision making in basic functions such as underwriting and claims handling.