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Blockchain and AI-driven technology can disrupt health insurance industry

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How are new technologies like AI and blockchain going to disrupt the insurance industry?Amid the pandemic, agents and other distribution teams have been upskilling and adopting digital methods of marketing, sales and service.

While in the insurance industry, technology and digitisation have always existed, but with advances such as Artificial Intelligence (AI), Machine Learning (MI) and Blockchain technology, there is potential to disrupt customer on-boarding and servicing.The pandemic has also reiterated the importance of businesses have to be future-ready to enable a transformative customer experience.

These constructive steps towards modification will promote uniformity, keeping special focus on customers. The new technologies will help.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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