| | JULY 20186The insurance industry, as it stands today, has a fair share of predicaments pertaining to the adoption of technologies that can enable the transformation of manual, paper-bound process into automated workflows. The recent forecasts highlight that such a transformation could drive the insurance industry to grow at A CAGR of 10.40 percent by the year 2020. Overcoming the challenges, the companies in the sector are adopting various technologies that can empower them to deliver maximum value to the consumers. From artificial intelligence to machine learning, big data, blockchain, and data analytics, companies are leveraging innovative technologies to strengthen their portfolio of solutions and services. Though the benefits and applications of these technologies are purely subjective, they have time and again proven to be the building blocks of the insurance landscape in the current day and age. Processes such as lead generation, data compilation, insurance quotation, and underwriting have been automated and digitalized, enabling faster and efficient orchestration of insurance products and services. No wonder insurance technology (or InsurTech) has evolved into a strong sector, paving the way for third-party solution providers and vendors to showcase their technical expertise in enhancing insurance operations. As a multitude of technologies nurture the growth of insurance industry, CioReview APAC has taken up the responsibility of examining and analyzing some of the promising solutions developed by market leaders. This edition of the magazine brings to you a list of InsurTech firms that offer state of the art solutions to assist the stakeholders in accelerating their business transformation. The edition also features insightful articles from industry experts on how to approach and mitigate various challenges that haunt the industry.Contact Us:Phone:510-230-0395Fax:510-894-8405Email:sales@Cioreviewapac.comeditor@Cioreviewapac.commarketing@Cioreviewapac.com July, 30-2018, Vol 01, Issue - 3 Published by ValleyMedia, Inc.To subscribe to CIOReview APACVisit www.Cioreviewapac.com Editorial StaffAaron PierceCarolynn WaltersDean WinchesterJune Williams Shirley FaithRussell ThomasVisualizersIssac GeorgeJohn GothamManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@Cioreviewapac.com Copyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.EditorialInsurtech: Accelerating through InnovationJustin Smith Managing Editoreditor@Cioreviewapac.com
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