Empowering Insurance Companies with In-Memory Computing

| November 25, 2017

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In a time when innovative technologies are upending many industries, the insurance industry faces great opportunities – and significant challenges. Growth continues to be strong: in 2014, the insurance industry was responsible for about 2.6% of U.S. GDP, and net premiums in the U.S. are continuing to rise beyond the 2015 total of $1.2 trillion. Online and mobile apps are enabling insurance companies to reach a wider range of potential customers, and capabilities such as smart contracts, Robotic Process Automation (RPA), machine learning, and telematics (tracking risk parameters by means of data transmitting IoT devices) are revolutionizing internal processes and risk assessment.

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Clark Insurance

Clark Insurance is a 100% employee-owned Insurance agency offering a full array of commercial, personal & employee benefits insurance products and value-added services.

OTHER ARTICLES

How is automation changing the way insurance companies work?

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Article | March 3, 2020

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Article | March 3, 2020

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Spotlight

Clark Insurance

Clark Insurance is a 100% employee-owned Insurance agency offering a full array of commercial, personal & employee benefits insurance products and value-added services.

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