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Unlocking Growth Potential for Indian Insurance Agents

Unlocking Growth Potential for Indian Insurance Agents

Digital Transformation Fintech BFSI
April 26, 2023 462 0 Read Article

The Indian insurance industry boasts of a vast network of agents who play a critical role in selling insurance policies and providing customer services. As of 2021, over 2.1 million agents were operating in the sector, facilitat...


The Role of Custom Software in Enabling Digital Transformation in the BFSI Industry

The Role of Custom Software in Enabling Digital Transformation in the BFSI Industry

BFSI
April 26, 2023 246 0 Read Article

Organizations in the financial industry have the necessity of innovation to persist, and custom software development can deliver the expected level of innovation. Custom software development services are being used by financial fi...


Incipient Insurance: Attitudinal Variations amongst Gen Z in India

Incipient Insurance: Attitudinal Variations amongst Gen Z in India

Fintech BFSI
April 25, 2023 316 0 Read Article

There is no getting around the fact that India, despite being one of the world’s leading economies has an abysmally low level of penetration when it comes to Insurance. As a new cohort makes its way to working age and begins to...


How Custom Software Can Streamline Operations and Increase Efficiency in Banks and Insurance Companies?

How Custom Software Can Streamline Operations and Increase Efficiency in Banks and Insurance Companies?

Fintech BFSI
April 21, 2023 297 0 Read Article

The financial industry is focusing more on digitizing its services and embracing custom development solutions. However, financial services were a bit slower in switching to new technologies than other sectors. A lot more startups ...


Why Should Businesses Migrate To A Digital Claims Management Process?

Why Should Businesses Migrate To A Digital Claims Management Process?

Digital Transformation BFSI
April 20, 2023 252 0 Read Article

  The Insurance industry is experiencing tectonic shifts across consumer expectations and process digitalization. As digital adoption increases for Indian customers, the expectations and corresponding digital experience...


Classification of Financial Events

Classification of Financial Events

BFSI AI
April 14, 2023 316 0 Read Article

Financial events are pivotal in shaping market sentiment and influencing investment decisions. In finance, professionals and investors rely heavily on the latest news to keep abreast of changing market dynamics. The ability to qui...


Banking and Emerging Technologies

Banking and Emerging Technologies

BFSI Blockchain Emerging Tech
April 11, 2023 454 0 Read Article

In this era of banking digitization & innovations, automation, Artificial Intelligence, Machine Learning, Chatbots, Blockchain, Bigdata, and mobile banking, emerging technologies create a new reality for digital banking and ho...


Straight-Through Processing in a Modern Insurance Claims Management

Straight-Through Processing in a Modern Insurance Claims Management

Digital Payment Safety BFSI Fintech
April 11, 2023 298 0 Read Article

Insurance claims are a critical part of the customer experience, in fact, the time taken for an insurance company to satisfactorily settle a claim is viewed as the number one measure of customer satisfaction. After paying premiums...


Exploring the Software Testing Trends Impacting Banking and Finance

Exploring the Software Testing Trends Impacting Banking and Finance

Digital Transformation BFSI
March 8, 2023 2748 0 Read Article

Banking, financial services and insurance (BFSI) as a sector plays a major role in the global market for software testing services, with a particular focus on the security aspect of software products and digital processes. In t...


10 Ways to Reduce Test Automation Script Failure Rates

10 Ways to Reduce Test Automation Script Failure Rates

Digital Transformation BFSI
February 21, 2023 435 0 Read Article

More than 70% of automation script failures are false and are caused by poor automation design practices. The False Failure Rate (FFR) is the percentage of tests that falsely fail when a test suite is run. It is calculated by d...


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