HOW THE INSURANCE INDUSTRY WILL DRIVE CYBERSECURITY

| January 11, 2016

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The paper predicted a rapid growth in cyber insurance across multiple segments. In 2015, there was a major increase in insurance offerings and market expansion. Advisen’s Cyber Liability Insurance Market Trends: Survey of October 2015 indicates that the “cyber insurance market has grown to over $2B in gross written premiums with industry prognosticators forecasting it to double by 2020”.

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Fluo Assurances

Fluo is a mobile insurance expert, providing the most comprehensive, 360-degree view of Insurance purchase experience across both app and mobile web usage. Our proprietary technology – integrated within thousands of insurance partners enables Fluo to build the most accurate mobile Insurance offers, using AI. Fluo’s mission is to deliver unrivaled insurance proposals and advices that greatly enhance revenue and margin for our partners and improve consumer satisfaction.

OTHER ARTICLES

The impact of Coronavirus on the insurance industry

Article | March 20, 2020

Unsurprisingly, that has had a knock on effect on financial service providers across the board and those in the insurance industry are no exception. In some cases insurers have started taking action to protect their businesses which, while sensible, left many consumers in the lurch as airlines failed to cancel flights and governments issued conflicting advice as to whether people should travel or not. Others in the insurance industry meanwhile are being forced into action to customers’ benefit by governments’ emergency responses to the virus.

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What’s Driving Innovation and Transformation in Insurance?

Article | March 5, 2020

According to Gartner analyst Kimberly Harris-Ferrante, in the report Innovation Insight for Artificial Intelligence in Life and P&C Insurance*, “Adoption and maturity of AI are increasing among insurance early adopters as they test new use cases and technologies. Insurance CIOs can benefit from greater awareness of AI fundamental use cases and the impact of AI to help guide innovation.” At Shift, we couldn’t agree more.

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Insurance Chatbots: Optimizing Customer Experiences

Article | April 13, 2020

Artificial intelligence (AI) has changed the insurance industry – and customer service is no exception. One of the most common forms of AI are the use of chatbots, which Forbes defines as “software functionality that is designed to receive conversational input through text of voice and then generate a response that is also in natural language.” In other words, instead of interacting with a human, you’re “chatting” with a bot that’s programmed to understand your questions and direct you to the right place.

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Does Your Business Interruption Insurance Cover COVID-19-Related Losses? Are You Sure?

Article | April 8, 2020

The COVID-19 coronavirus emergency has everyone scared, and many are imagining the worst. For business owners and managers, there is a fear that what you, your employees, and your customers or clients have built will be lost – through no fault of your own. And we don’t know how long the financial impact of the pandemic will continue.

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Spotlight

Fluo Assurances

Fluo is a mobile insurance expert, providing the most comprehensive, 360-degree view of Insurance purchase experience across both app and mobile web usage. Our proprietary technology – integrated within thousands of insurance partners enables Fluo to build the most accurate mobile Insurance offers, using AI. Fluo’s mission is to deliver unrivaled insurance proposals and advices that greatly enhance revenue and margin for our partners and improve consumer satisfaction.

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