Articles by Yit Lone

Data-driven decision making (DDDM) offers significant benefits in the insurtech industry by leveraging data analytics and advanced technologies to optimize various aspects of insurance operations. […]

Insurance technology solutions, often referred to as InsurTech, encompass a wide range of innovations and digital tools aimed at enhancing and streamlining the insurance industry. […]

Regular security audits and community involvement are critical components of maintaining and enhancing the security of blockchain technology. These practices ensure that vulnerabilities are identified […]

Enhanced security protocols in blockchain technology are crucial for maintaining the integrity, confidentiality, and availability of the data and transactions processed within blockchain networks. These […]

Blockchain technology has significant potential to enhance security across various applications and industries. This potential is rooted in several key features and mechanisms inherent to […]

Blockchain technology has a wide range of applications across various industries, transforming traditional processes with enhanced security, transparency, and efficiency. Here are some prominent applications: […]

Blockchain technology is a decentralized, distributed ledger system that records transactions across multiple computers in such a way that the registered transactions cannot be altered […]

The integration of technology in the insurance industry leads to enhanced efficiency, personalized services, and improved risk management. Insurers leveraging data analytics, AI, blockchain, IoT, […]

1. Lemonade- Solution: Lemonade leverages AI and behavioral economics to offer renters and homeowners insurance. The company uses chatbots to handle the majority of the […]

Balancing automation and human touch in the insurance industry is crucial for maintaining customer satisfaction and trust. While AI and machine learning (ML) provide numerous […]